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Chancellor Rachel Reeves is preparing to announce a 3p-per-mile car tax scheme that would see electric car owners charged. The scheme is due to take effect from 2028 following a public consultation.

The Labour Party Chancellor, Ms Reeves, will unveil the new policy on November 26, according to reports. Ms Reeves will also argue the move will be fairer as petrol drivers already pay £600 a year on average in fuel duty.

It will also help the Treasury raise an estimated £1.8billion by 2031 and help plug a fiscal hole caused by the green transition due to the loss of revenue from petrol cars.

READ MORE Drivers warned car tax perk will be scrapped for 'first time' ever in UK

Sir Mel Stride, the Conservative Party shadow chancellor, told the Daily Telegraph: "If you own it, La

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