Tánaiste hints at excise duty cuts on petrol and diesel being extended 

However, Simon Harris said he 'cannot ignore' that petrol and diesel prices have started to fall in recent days

The Government introduced excise cuts in mid-April to reduce the excise on diesel by 32c, and petrol by 27c. File picture 

A decision to extend excise duty cuts on petrol and diesel could be taken by Government next week to ensure there will be “no cliff edge” to supports, Tánaiste and finance minister Simon Harris has hinted.

However, he told the Dáil that while he accepts that “nobody can absorb a full 32c” increase in fuel prices, he “cannot ignore” that petrol and diesel prices have started to fall in recent days.