Fuel duty increase cancelled
The Chancellor has scrapped August's planned 3p rise in fuel duty and frozen the tax for the rest of this year. The £550m cost of the change will be paid for by departmental savings across Whitehall.
Chancellor scraps fuel duty 'to help economic recovery'
The Chancellor told the Commons today that the Government were doing "everything we can" under 'difficult economic circumstances', after scrapping a rise in fuel duty. George Osborne said the fuel duty will now be 10p a litre lower than under the plans inherited from Labour:
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