John Healey is plotting a tax hike on imported fuel in Wednesday’s Budget, sparking fears he could trigger a rise in petrol prices.
The Chancellor is considering using a ‘green tax’ to address the disadvantage faced by domestic refineries, where environmental levies have hit British factories but not imported fuel.
But he has been accused of a ‘shameless tax raid’ as experts fear consumers could pay for the policy at the pump.
At present British fuel companies pay millions in net-zero fees that overseas competitors do not, giving foreign producers an advantage.
The proposed tax, a carbon border adjustment mechanism (CBAM), would ‘level the playing
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