Nigel Farage highlights crippling impact of huge 38% hike in duty on red diesel

In an exclusive GB News interview with the founder of the Fair Fuel UK Campaign, Howard Cox, Mr Farage drew attention to the significant rise that is set to have a "knock on" impact on consumers, after hitting businesses

Published Last updated

Businesses and consumers are set to be hit by a "significant" duty rise on red diesel by almost 38 percent, Nigel Farage has highlighted.

Mr Farage says the changes, that are set to come into place on April 1, will have a "knock-on" impact on consumers as businesses face the brunt of the changes.

New regulations on rebated diesel, often referred to as red diesel, will see the Government increase the duty, when it is often known for not being as high as regular diesel.

Mr Cox said red diesel "used to be 11p a litre but it is going up to the same as white diesel".

Fuel prices on display at a Circle K service station on Glasnevin Avenue in Dublin
Fuel prices on display at a Circle K service station on Glasnevin Avenue in Dublin
A tanker driver makes a fuel delivery at a petrol station in south London. Picture date: Monday October 4, 2021.
A tanker driver makes a fuel delivery at a petrol station in south London. Picture date: Monday October 4, 2021.

He added: "This is going to affect construction workers particularly, they've got to pay something like three to four times more tax than they have been paying before now.

"It is going to impact jobs, it's going to impact the cost of building, everything to do with the economy in terms of fuel duty impacts on everything we do in terms of inflation and everything we buy.

"This government is going to wake up and smell the coffee and do something to motivate the economy."

Mr Farage added that "something has got to give" as pressure grows on the Government to tackle the issue, ahead of Rishi Sunak's Spring Statement.

In addition, average pump prices have hit new record highs amid growing speculation the Chancellor is preparing to slash fuel duty.

Figures from data firm Experian Catalist show the average price of a litre of fuel at UK forecourts on Sunday was 167p for petrol and 179p for diesel.

This is an increase of 18p for petrol and 26p for diesel over the past month.

There are suggestions Chancellor Rishi Sunak could announce a temporary cut in fuel duty of up to 5p per litre in Wednesday’s spring statement.