Budget 2014: fuel duty frozen despite industry calls for a cut


 

Fuel duty will be frozen for the next 12 months,  revealed Chancellor George Osborne in today’s Budget 2014, despite industry calls for a much-needed reduction. The decision to not increase fuel duty backs up the chancellor’s pledge at last September’s Conservative Party Conference to keep the tax static for the remainder of this parliament “provided we can find the savings to pay for it”. This was confirmed in last year’s Autumn Statement. However, despite vigorous industry lobbying led by FairFuel […]