With just hours to go until the Chancellor’s Spring Statement, eight-in-10 drivers (83%) want him to step in to help reduce the impact of record-high pump prices with a cut in duty or a reduction in VAT levied on fuel, shows new RAC research among 2,000 drivers shows.
The study suggests drivers are increasingly worried about the impact of high prices with averages hitting new records most days over the last few weeks and now standing at around 167p per litre for petrol and nearly 179p for diesel.
Close to half of UK workers admit to being anxious around travelling to work, with rising fuel costs causing even more stress as they suffer from “commute anxiety” after returning to work post-pandemic.
This is according to new research from used car buying service Choose My Car. The research found that half of workers expressed concern about using public transport, with 50 per cent admitting they won’t use buses, trains and trams when they return to work.
Comparethemarket.com is calling on the Government to scrap insurance premium tax on policies for young adults, to allow them to stay on the road at a time when living and petrol costs are soaring.
According to research by comparethemarket.com, IPT adds an average of £123 to premiums for 17–24-year-olds, taking the total average cost of car insurance for young drivers to £1,154 and impacting their ability to stay on the road.