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Government Extends Fuel Duty Cut, Easing Financial Pressure on Drivers

The UK government has decided to maintain the five pence cut on fuel duty until the end of the year, providing relief to drivers amidst global supply chain challenges. This move, costing around £455 million, is a significant departure from the initial plan to phase out the cut in September. The decision aims to alleviate financial strain, particularly for those relying on vehicles for work or daily life. Additionally, the government is cutting tax on red diesel for farmers and offering a twelve-month break on vehicle excise duty for heavy goods vehicles. However, the long-term plan for fuel duty remains a topic of discussion.

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