Ashley Fox
Main Page: Ashley Fox (Conservative - Bridgwater)Department Debates - View all Ashley Fox's debates with the HM Treasury
(2 weeks, 6 days ago)
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Lucy Rigby
There is absolutely nothing humiliating about the action being taken by the Chancellor and the Prime Minister to protect millions of motorists across this country. Again, I have to remind the hon. Member that the plans we inherited from the previous Government would have seen motorists paying more.
Sir Ashley Fox (Bridgwater) (Con)
I welcome this latest U-turn by the Chancellor to freeze fuel duty, which will help my constituents, and I also welcome the cut in duty on red diesel to help our farmers. The Government’s carbon border adjustment mechanism comes into effect on 1 January. That will increase further the cost of fertiliser, which in turn will push up the price of food. Will the Chief Secretary undertake a review of that carbon border adjustment mechanism, to protect all our constituents from further food price increases?
Lucy Rigby
I am grateful for the hon. Member highlighting the measures we are taking when it comes to red diesel. He mentions fertiliser costs. We know that substantially increased fertiliser costs, as well as fuel costs, are hurting farmers. That is exactly why we are taking these measures on red diesel, cutting the duty rate by over a third per litre from just over 10p to 6.5p, which, as I said, is the lowest rate for more than 20 years.