PLANS by the Chancellor to slash fuel duty in his Spring Statement “won’t fix the cost-of-living crisis,” experts warned yesterday as calls continue to grow for a wealth tax.

Chancellor Rishi Sunak hinted on Sunday at measures to ease the crippling cost of petrol prices to be unveiled tomorrow during his Spring Statement.

The Chancellor could temporarily cut fuel duty by as much as 5p per litre to support families and businesses through the soaring cost-of-living crisis.