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1487143

registered interest
date	06/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fuels: Excise Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what price petrol and diesel would need to reach in order to prompt them to further cut fuel duty.
tabling member printed	Lord Kennedy of Southwark
uin	HL1523
answer	answer is ministerial correction date of answer 20/07/2022 answer text <p>The temporary 12-month cut to duty on petrol and diesel of 5p per litre represents a £2.4 billion tax cut in 2022-23.</p><p> </p><p>All taxes, including fuel duty, remain under review.</p> answering member printed Baroness Penn question first answered 20/07/2022 10:15:11 answering member 4726 label Biography information for Baroness Penn
tabling member	4153 label Biography information for Lord Kennedy of Southwark

1487144

registered interest
date	06/07/2022
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Fuels: Excise Duties
house id	2
legislature	25277 pref label House of Lords
question text	To ask Her Majesty's Government what steps they are taking to ensure that the five pence per litre cut to fuel duty is passed on to consumers.
tabling member printed	Lord Kennedy of Southwark
uin	HL1524
answer	answer is ministerial correction date of answer 20/07/2022 answer text The Government has been clear that it expects all those in the supply chain to pass the fuel duty cut through to consumers in full.<p> </p><p>In June, the Business Secretary requested that the independent Competition and Markets Authority (CMA) undertake an urgent review of the market for road fuel. The CMA’s initial findings suggest that the fuel duty cut appears to have been largely passed through, with the largest fuel retailers doing so immediately and others more gradually.</p><p> </p><p>The Government fully supports the CMA in its further work to better understand the supply of the road fuel in the UK, and will await these findings.</p> answering member printed Baroness Penn question first answered 20/07/2022 10:15:31 answering member 4726 label Biography information for Baroness Penn
tabling member	4153 label Biography information for Lord Kennedy of Southwark