New research from Close Brothers Motor Finance (CBMF) reveals overwhelming public demand for greater Government support for UK motorists, as continued fuel price pressures place increasing strain on household finances.
According to the findings, 81% of drivers believe the Government should do more to support motorists, such as cutting fuel duty or reducing taxes. In comparison, just 11% disagreed, while 7% said they were unsure.
The research comes amid ongoing concerns over fuel affordability across the UK, with two in five (42%) drivers worried about rising fuel costs, with one in five (20%) drivers going as far as saying they feel stressed or anxious as a result. Meanwhile, almost a third (32%) said they are driving less in an effort to reduce fuel spending.
The impact of higher fuel prices is also affecting wider household finances and behaviours. 12% said they are cutting back on other household spending in order to afford fuel, while motorists reported switching to alternative forms of transport, working from home more often, or reconsidering travel plans altogether to avoid driving costs.
John Cassidy, Managing Director of Close Brothers Motor Finance, commented: “The fuel crisis is no longer just about the cost of filling up - it’s having a real impact on how people live, work and travel day to day.
“With more than four in five motorists calling for greater Government support, it’s clear many drivers feel the financial strain is becoming increasingly difficult to manage. Our research shows people are changing their habits, driving less and cutting back on household spending just to keep their vehicles on the road. For some motorists, continued fuel uncertainty is also prompting them to consider more fuel-efficient or electric vehicles as part of longer-term cost saving measures.
“For many households, driving remains essential for work, family life and everyday responsibilities, so continued pressure at the pumps risks creating even greater financial challenges for motorists across the UK.”
