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<p>Based on the Office for Budget Responsibility’s (OBR) published policy costings,
we estimate the cumulative loss to the Exchequer from the successive fuel duty freezes
from financial year 2011-12 to the current financial year 2018-19 to be around £46.2bn
to the benefit of the UK taxpayer.</p><p> </p><p>The annual impacts on the Exchequer
are reported in the table below.</p><table><tbody><tr><td><p> </p></td><td><p> </p></td><td><p>
</p></td><td><p>2011-12</p></td><td><p>2012-13</p></td><td><p>2013-14</p></td><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td></tr><tr><td
colspan="3"><p>Exchequer impact (£m)</p></td><td><p>-2,275</p></td><td><p>-3,465</p></td><td><p>-4,645</p></td><td><p>-5,800</p></td><td><p>-6,375</p></td><td><p>-6,815</p></td><td><p>-7,875</p></td><td><p>-8,070</p></td></tr></tbody></table><p>
</p><p>The OBR’s policy costings are available at the following link:</p><p> </p><p><a
href="https://obr.uk/download/policy-measures-database/" target="_blank">https://obr.uk/download/policy-measures-database/</a></p>
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