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UK suspends tariffs on over 100 food and fuel products

Summarised from 2 outlets · Updated 27 Oct, 07:14 · Archive

The UK government is suspending import tariffs on more than 100 products including popular food items, fertiliser and kerosene heating oil. The announcement was made ahead of the government's budget on Wednesday.

Chancellor John Healey said the tariff suspensions would reduce consumer costs by around £245 million to £595 million a year. The Treasury estimates that the tariff cuts on food alone will save households approximately £21 on shopping over the course of the year. The suspension follows a government consultation earlier this year.

The move is part of a series of "everyday fixes" announced by the government to help people manage the cost-of-living crisis. Healey said: "Today's everyday fixes are just a small part of what we are doing to give families a bit of breathing space. Conflict in the Middle East and Europe is hitting families here at home through higher everyday costs."

Beyond the tariff suspensions, the government is also making the 55p mileage allowance for work-related driving permanent and extending parental pay to more than 150,000 parents annually. The Treasury also plans to end a cliff edge on carer's allowance by tapering the benefit away gradually.

UK suspends tariffs on over 100 food and fuel products
Image: The Independent

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In this story: John Healey · UK government · Middle East · Europe

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