Great News for the Trades as the planned 3p fuel duty increase is scrapped
The government will not go ahead with a three pence-a-litre rise in fuel duty in August, Chancellor George Osborne has announced.
The move follows a campaign by road users’ groups, who argued the change, announced in the Budget, would damage the economy.
Fuel duty will be frozen for the rest of the year, the chancellor told MPs.
Labour had threatened to force a House of Commons vote on the issue.
Mr Osborne said the government was “doing everything we can in very, very difficult economic circumstances” to help businesses and consumers.
Posted on June 26, 2012, in Building Construction Industry, Building Engineering Sector, Employment, Energy Efficiency, Government, Infrastructure, Manufacturing, Osborne, Politics, t4ts, train4tradeskills, Train4TradeSkills News and tagged 3p fuel duty increase, BBC, Budget, business confidence, Chancellor George Osborne, david cameron, economic boost, Fuel duty, George Osborne, Government, House of Commons, House of Commons of the United Kingdom, Hydrocarbon oil duty, Member of Parliament, politics, Road user’s campaign, savings, t4ts news, trade, Trade professional, train 4 trade skills news, UK Parliament. Bookmark the permalink. 1 Comment.