Business · 4 hours ago
Healey Plans 'Green Tax' on Imported Petrol and Diesel
Anne Burgess, CC BY-SA 2.0, via Wikimedia Commons (Geograph)
Chancellor John Healey is preparing a green levy on imported petrol and diesel for Wednesday's Budget, according to a Telegraph report. The tax is meant to help British refineries compete with overseas rivals that face lower net zero costs at home. Drivers could see pump prices rise as a result, adding pressure on household budgets already squeezed by fuel-driven UK inflation of 3.5% in September.
Reported by The Telegraph · How we write briefs