Fuel

Petrol prices 'set to increase'

UK petrol prices have for the second month running fallen by more than 4p a litre but fuel duty is due to increase again in August.

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Nadine Dorries attacks Osborne over junior minister's Newsnight appearance

Economic Secretary Chloe Smith faced a difficult round of interviews as she attempted to explain the decision to scrap a planned fuel duty increase on BBC's Newsnight.

Conservative MP Nadine Dorries has blamed the Chancellor George Osborne for what is being regarded as a very poor performance by the junior minister.

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I was at a dinner last night so didn't see Newsnight, however, if Osborne sent Chloe on re scrapping 3p he is a coward as well as arrogant.

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Newsnight last night would have been a tough gig for a Minister with years of experience - Chloe is a good egg and didn't deserve that.

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The submarine Chancellor sacrifices another Minister whilst he slips under the surface...again.

Asked whether Ms Dorries would be disciplined for her attack on Mr Osborne, a source close to the Prime Minister said: "Nadine is Nadine, isn't she? What can you do?"

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Energy chairman: 'Fuel duty u-turn should not have been top priority'

Conservative Tim Yeo, chairman of the energy and climate change committee told Channel 4 News tonight that the Government's u-turn on fuel duty would not have been his "top priority" and he "regrets" the option was chosen.

Tim Yeo, the Tory chairman of the Commons Energy and Climate Change Committee Credit: Andrew Parsons/PA Wire

Mr Yeo said: "I think the priority should have been to continue working to take low income families on less than £10,000 out of tax. That's a coalition priority and I think spending the money that way would have reached lots of low income families."

RMI chairman: 'Deferring fuel duty will give us time to prepare'

Brian Madderson, chairman of the Retail Motor Industry, has told ITV News that it was "excellent news for motorists" that the Chancellor has scrapped plans to increase fuel duty this year.

Mr Madderson said that although the decision was to "defer" the move, it would "give more time" to prepare for the George Osborne's Autumn statement.

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CBI: 'U-turn on fuel duty will help support the economy'

The CBI has responded on the Government’s decision to postpone its planned 3p-a-litre rise in fuel duty in August until January next year. Dr Neil Bentley, CBI Deputy Director-General, said:

This decision will be welcomed by hard-pressed families and businesses across the country.

A fuel duty freeze will help to support road hauliers and freight transport operators, making delivering our goods that bit more affordable, and supporting the economy during the challenging months ahead.

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