Osborne 'set to freeze' fuel duty

Conservative rebels said they expect the Chancellor to freeze a planned 3p rise in fuel duty for another three to six months. The Government has defeated a Labour motion to postpone the duty rise by majority of 48.

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  1. Libby Wiener

Last fuel duty freeze cost Exchequer around £550m

The Chancellor last announced a fuel duty freeze back in August, a move that Treasury figures suggest will have cost the Exchequer approximately £550 million.

But officials said that loss would be recovered by underspending in Government departments.

Figures in the Autumn Statement are expected to show how the fuel duty freeze has been paid for.

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