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23 Mar 2011
THERE WILL BE no fuel duty rise this year and the fuel duty escalator has been cancelled for the rest of parliament, unless the price of oil falls below $75.
Government is introducing a fair fuel stabiliser from 6pm tonight, when fuel duty will be cut by 1p per litre.
The duty rise will be delayed until next year and George Osborne claims this will help struggling families and support business.
Follow the Budget as it happens at accountancyage.com/tag/budget
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Visitor comments Add your comment
Really, one whole penny!?
well, that makes all the difference. With 1p off it's almost as cheap as it was last week! I may go out and buy a Ferrari with all the extra money I'll have.
Posted by: Tommo, 23 Mar 2011 | 13:55