Fuel Duty Increase Shelved After Budget Yesterday

Yesterday the new budget for 2013 was announced by the chancellor George Osborne, revealing that there the proposed 3ppl fuel duty increase in September has been dropped.

Osborne claims that he had “listened” to the growing demands from PetrolPromise.com and the increasingly popular campaign from FFUK. Osborne said that due to the freeze of fuel duty increase over the last two years, the UK’s fuel is 13ppl cheaper than it would have been without the freeze. That equates to around £6bn in tax revenue not being charged.

The budget results have been applauded by FFUK, saying it is a great achievement in the fight to cut fuel duty. Quentin Wilson, FFUK spokesman said that the next step after ensuring fuel duty doesn’t climb, is to start cutting fuel prices. UK hauliers have complained that UK diesel prices are still the highest in Europe. RHA chief executive said “We want the next step to be cutting the price of diesel”.

For more information on the freeze in fuel duty and the fight for cutting prices visit PetrolPromise.com.