Skip to content
Institute of Economic Affairs

Institute of Economic Affairs

Institute of Economic Affairs

Wednesday April 14, 2021
  • twitter
  • facebook
  • rss
  • Institute of Economic Affairs
  • Home
  • About
  • Staff
  • Jobs
  • Epicenter
  • Contact Us
  • twitter
  • facebook
  • rss
  • Blog
  • Film
  • Coronavirus
  • Research
    • Publications
    • Economic Affairs
    • EA Magazine
    • Brexit Unit
    • Int. Trade & Competition Unit
    • SMPC
    • Paragon Initiative
  • Media
    • Media Coverage
    • Press Releases
    • Media Enquiries
    • About IEA Comms
  • Students
    • Internships
    • Events and Conferences
    • Essay Competition
    • Student Resources
    • IEA Budget Challenge
    • Economics101
  • Events
    • Forthcoming Events
    • Past Events
  • Donate
    • Donate Now
    • Donate Monthly
    • Donate to IEA Projects
    • Other Ways to Donate
    • Legacy Gift
    • Donate from USA
    • Contact Us
  • Home
  • About
  • Staff
  • Jobs
  • Epicenter
  • Contact Us

A hike on fuel duty would be “deeply unfair” and damage our economic recovery says IEA expert

3 February 2021
Institute of Economic Affairs > Media posts > Media > Press Release
Commenting on reports of a potential fuel duty hike, Dr Richard Wellings, Head of Transport at the free market think tank the Institute of Economic Affairs said:

“Fuel duty is a tax on business, trade and jobs, so raising it will damage the UK economy at a time when a strong recovery is desperately needed. 

“It is also deeply unfair, with road transport already very heavily taxed compared with other sectors. 

“While action is needed to tackle ballooning government debt, ministers should focus on cutting wasteful spending rather than hiking harmful taxes.”

ENDS

Notes to Editors

For media enquiries please contact Emily Carver, Head of Media, 07715942731

IEA spokespeople are available for further comment.

Read IEA report ‘Time to Excise Fuel Duty?’, click here.

SIGN UP FOR IEA EMAILS

Share this Story

previousGovernment and InstitutionsNew state aid rules likely to distort competition and slow down innovation3 February 2021
nextLifestyle EconomicsEU has not lost its thirst for nanny state regulation3 February 2021
latestMedia CoverageAnnabel Denham discusses the Greensill row and Covid on Sky News: The View14 April 2021
previous
Government and Institutions

New state aid rules likely to distort competition and slow down innovation

Victoria Hewson quoted in City AM

3 February 2021
next
Lifestyle Economics

EU has not lost its thirst for nanny state regulation

Christopher Snowdon writes for Spiked

3 February 2021
latest
Media Coverage

Annabel Denham discusses the Greensill row and Covid on Sky News: The View

Annabel Denham appears on Sky News The View

3 February 2021
Institute of Economic Affairs
BE PART OF THE IEA TODAY
  • Donate
  • Like
  • Follow
  • Watch

NEWSLETTER SIGN UP

Privacy Policy
© Institute of Economic Affairs
REGISTERED IN ENGLAND 755502, CHARITY NO. CC/235 351, LIMITED BY GUARANTEE
×
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Cookie Settings to provide a controlled consent.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Performance

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Functional

Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.

Uncategorized

Undefined cookies are those that are being analyzed and have not been classified into a category as yet.

Save & Accept
Powered by CookieYes