Budget day tax hike warning for motorists

Martyn Collins

In case you hadn't heard, this Wednesday is Budget day. Tax on fuel remains at the forefront of motorists' minds, with it adding almost 59p to the cost of every litre of fuel.

Rumours are that Chancellor George Osbourne is planning to scrap the planned increase, but according to motoring website www.honestjohn.co.uk, families should be more worried about a possible rise in Vehicle Excise Duty (VED). Or in other words, car tax.