BUDGET U.K. [March 2023]

News for Motorists! πŸ›ž

Just watched the UK Spring Budget (March 2023) and there’s a couple of bits of good news for motorists in today’s Spring Budget announcement by Chancellor Jeremy Hunt.

In March last year, as fuel prices rocketed, the ten chancellor, now prime minister Rishi Sunak, announced a temporary 5p per litre reduction in fuel duty which was due to end this month. But if you were preparing for fuel costs to go up – fret not, as Hunt has frozen that reduction for a further 12 months – which they claim will save the average motorists about Β£100 a year. It’s not going to dramatically cut motoring costs, but hey it’s something.

And the other bit of good news for motorists, is these damn wheel-killer, car-killer potholes on our poor roads that I actually mentioned in a recent video. The chancellor announced Β£200m in funding to tackle this – a 20% boost in funding, given to councils, for them to spend on residential streets initially. That’s not going to sort out all the terrible road surfaces we have, but it might just save your tyres and alloys.

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