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UK government to extend fuel duty freeze and maintain 5p cut for the next 12 months

UK government to extend fuel duty freeze and maintain 5p cut for the next 12 months

It was announced in the recent Spring Budget that the UK government will extend the 5p cut in fuel duty for another year.

The fuel duty freeze means it will be maintained at 52.95 pence per litre (PPL) until May 2024.

This is excellent news for fleet managers who are already grappling with high fuel prices.  

Whilst the fuel duty freeze might have allowed you to let out the breath you've been holding since before the Budget, perhaps now you are turning your attention to reducing costs elsewhere. 

We understand that in the current economic climate, cost reduction is a pressing issue for fleet managers. 

The team at Marshall Leasing believes in full disclosure and transparency, guaranteeing you no hidden surprises when you choose to lease with us.

We pride ourselves on delivering the best value for our clients, and removing unnecessary charges, such as admin fees, imposed by other fleet management companies. 

If you would like to find out more about how we can assist you in reducing your fleet expenditure with fixed-cost leasing and fleet management, please get in touch with our expert team today by emailing info@marshall-leasing.co.uk or calling 01480 414541.

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Marshall Leasing is a trading division of N.I.I.B. Group Ltd a company registered in Northern Ireland under company NI3721, whose registered office is situated at 1 Donegal Square South, BELFAST, BT1 5LR. N.I.I.B. Group Limited is authorised and regulated by the Financial Conduct Authority