Fuel duty rise of 3p cancelled
5th December, 2012
A 3p rise in fuel duty planned for January will not go ahead, to ease the pressure on motorists and businesses who have seen prices at the pump soar.
In a rare piece of good news in what will be a grim economic statement today, George Osborne has agreed not to impose the New Year hike.
Mr Osborne said he had been advised to delay the rise until April, but has instead decided to scrap it 'completely'.
However, a planned 3p fuel duty rise for April next year will be delayed until September 2013 but will go ahead.