There will be no new increases on fuel duties after the “substantial increases” announced in the March budget, said Chancellor George Osborne in today’s budget.
The decision to freeze fuel prices comes after the previous government announced a 2.76p staggered increase in fuel duty in March.
While there is no new rise in fuel, the phased introduction of the previous budget’s increase means duty will rise by 1p in October and by 0.76p in January 2011. It rose by 1p in April.
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