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:
We are on the side of working families and businesses and this will fuel our recovery at this very difficult economic time for the world.
The one-off cost of this change will be fully paid for by the larger-than-forecast savings in departmental budgets.
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