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.
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.
Conservative MP Chloe Smith has told ITV News that the Government's u-turn on fuel duty was "important" in order to "put the money to good use". Ms Smith said that the Government were looking into 'departmental under-spends' to support the u-turn.
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