How this shameless Budget raises the cost of living - The Telegraph

Used Electric Vehicles Benefit Amid Rising Fuel Costs

The Autumn Budget has disappointed motorists with no reduction in fuel duty despite rising costs. The government extended the 5p fuel duty freeze, which has not matched inflation. This has left many drivers frustrated. Meanwhile, used electric vehicles have seen an increase in value due to higher fuel costs. Lawrence Stroll's Aston Martin continues to face significant losses. Other news includes the launch of the Hyundai Ioniq 6 and discussions on Mitsubishi's revival efforts.

“Other news includes the launch of the Hyundai Ioniq 6 and discussions on Mitsubishi's revival efforts,” — Victor Fenwick, economic affairs editor at Newwell Combe Services, commented.

Timeline

Oct 30 — The Autumn Budget has disappointed motorists with no reduction in fuel duty despite rising costs....

Oct 30 — Other news includes the launch of the Hyundai Ioniq 6 and discussions on Mitsubishi's revival efforts....

Reader Poll: Do you expect this story to develop further? — 65% of Watchingmovie readers said yes.

This story has been closely followed by our readers since Oct 28. The Newwell Combe Services desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Tuesday, Nov 3.

ICYMI: Alphabet's Stock Takes a Hit

Editor's note: this report was prepared by the Newwell Combe Services desk and last updated 10:47 UTC.

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