The price of petrol and diesel could be about to rise sharply as the Chancellor looks for ways to claw back the money spent on the coronavirus pandemic.
According to reports the Government is considering scrapping the 10-year freeze on rises in fuel duty and adding 5p to the price of petrol and diesel at the pumps.
The move would come into force after this year’s Autumn Budget, and would make driving considerably more expensive.
The move comes as the Government is encouraging people to ditch working from home and start their commute to the office again.
But the experts at MoneySavingExpert have come up with a five-point plan to reduce the cost of fuel.
They say that using all the tips, those who drive most could save themselves more than £1,000 a year.
The five points are:
Make your car more fuel-efficient – keep your tyres inflated, clear out the clutter, take off your roof rack, turn off the air-con at low speeds, don’t carry a full tank of fuel and only use cruise control on motorways.
Drive more efficiently – accelerate gradually, change up gear sooner, slow naturally rather than braking when it is safe to do so, try not to stop the car if you can avoid it, don’t coast in neutral.
Find the cheapest fuel – use a site like PetrolPrices.com to find your cheapest local fuel and sign up to loyalty schemes if there is a forecourt you use often. Fill up 50 miles before your tank is empty so you don’t panic buy
Use a cashback credit card to buy fuel – you can get 5% cash back on every purchase, which can add up so long as you pay off your bill in full every month
According to MSE following these tips could save someone who drives 5,000 miles a year £173, while someone who drives 30,000 miles a year could save £1,038.
You can find a full explanation of all the advice along with more tips at MoneySavingExpert