23
March
2022
Rishi Sunak has been in the House of Commons setting out his plans to ease the cost-of-living crisis. Here is a brief review of his main talking points...
FUEL DUTY
Fuel duty is being cut by 5p per litre from 6pm on March 23. While the fuel duty cut is still dwarfed by the huge rise in petrol and diesel costs over the last few months, Sunak said this measure was worth more than £5 billion. It will remain place until March 2023.ENERGY SAVING materials
The Chancellor confirmed that VAT was being cut to zero on energy saving materials, including solar panels, heating pumps and roof insulation. Sunak said this would cut the cost of installation by £1,000....Please LOGIN to read the full article.
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