James Brokenshire has said news that fuel duty will be frozen until the end of the year is a welcome boost for motorists, families and businesses coping with tight finances. Chancellor George Osborne’s announced this week that a 3p increase in duty due to be introduced in August under plans made by the last government would be delayed.
The Government inherited a series of fuel duty rises from the last Labour government for last year and this year which have now been scrapped or delayed. Following recent action in last year’s Budget and Autumn Statement to cut Fuel Duty and get rid of Labour’s Fuel Duty ‘escalator’, this week the Conservative Chancellor deferred the 3p per litre rise planned for August this year.
As a result of Government action, including this week’s delay, Fuel Duty is now 10p per litre lower than planned by the previous Labour government and motorists will save £159 on filling up the average family car by the end of the year.
James Brokenshire MP said:
“Fuel Duty has now been frozen for two years which in the current difficult financial climate is good news for motorists, families and businesses. By taking action on fuel pump prices, freezing council tax and cutting income tax for millions of people, Conservatives are providing real help to people with the cost of living and a boost for Bexley’s economy.”