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.
Shadow Chancellor Ed Balls has told ITV News that the Government's u-turn on fuel duty tax is the "fastest in history", questioning why the Chancellor has "taken so long" in reversing his decision and not reverting on other tax rises.
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