George Osborne is planning to freeze the planned
fuel duty rise in his autumn statement, after coming under pressure from his backbenchers and receiving support from key Liberal Democrat colleagues.
The FSB want the planned 3p
fuel duty rise in January scrapped.
Not exact matches
On
fuel duty plans, he continued... «It is good news for the motorist — be they a business or consumer — that the 3p
rise in fuel duty has been cancelled and not postponed.
«It is great news that the planned
rise in Fuel Duty has been cancelled.
The autumn's
fuel duty rise may be put off, our plucky soldiers might be getting a 1.5 % pay
rise (don't spend it all at once) and the # 10,000 personal allowance might materialise
in 2014, not 2015 as previously scheduled.
Limiting benefit
rises to 1 %, scrapping the planned
fuel duty increase, devolving power over teacher pay to schools and cutting corporation tax are steps
in the right direction.
«Given the opportunity to support a call for the UK Government to postpone the planned
rise in fuel duty — a
rise inherited from the last Labour Government — Scottish Labour astonished the parliament by abstaining.
«The industry is also concerned about the effect the continuing
rises in fuel duty may have on tourism businesses such as caravan parks
in remoter rural areas.
Similarly, whilst motoring organisations could again cheer another cancelled
fuel tax
rise (billed as a win for hard working families), airlines and travel firms have been left exasperated by another
rise in air passenger
duty (APD), which will hike up the costs of summer holidays for those self - same families.
Inflation
rises in October As inflation
rose to 2.7 per cent
in October, the FSB warned that with energy costs set to
rise and potential increase
in fuel duty, we are concerned about the pressure this will put on household and business finances.
The statement was trailed
in some circles as being one for «strivers» and, as well as the benefits squeeze, headlines this morning have focused on help for drivers as the 3p
fuel duty rise due next month was scrapped.
To cheers, Hammond announced he would «stand on the side of the millions of hardworking people» by cancelling the
rise in fuel duty.
They also had a Windfall Tax on Utilities and auctioned 3 - G licences, raided Pension Funds and played with
Fuel Duty... taxes
rose quite considerably... it was spending totals they froze causing real problems
in the NHs etc which then exploded after 2001 rather like binge - dieting
However, further budget backing for greener vehicles was limited to a small
rise in vehicle excise
duty for new diesel cars that fail to meet rigorous emissions standards — disappointing campaigners who had hoped for a
rise in fuel duty or a diesel scrappage scheme.
The chancellor has bowed to pressure from consumer groups and his own parliamentary colleagues by cancelling the planned
rise in fuel duty.
«There is an inconvenient truth, which is that the
fuel duty rises that the right hon. Gentleman refers to are the ones put
in place by the Labour Government, which he and any Labour Member who was
in the previous Parliament voted for.
Brandon Lewis: Will she confirm that, despite what has been said, my hon. Friend the Member for Dover (Charlie Elphicke) is right: there were 12
fuel duty rises under the Labour Government, and six more were set to come into force before they left office and would have done
in the next few years?
Mr Darling also hinted the 2p
rise in fuel duty, due to be implemented from this October, may be deferred.
The decision to scrap the 3p
rise in fuel duty planned for January altogether, rather than just putting it off until April, wins the chancellor brownie points far
in excess of its actual cost.
In 2010 plans would have seen
fuel duty rise above inflation every year — and cost motorists 18 pence extra a litre.
The level of deficit and debt that we have been left as a country costs the British taxpayer # 120 million every single day: «To put that
in the context of a 1p a litre
rise in fuel duty, which is worth # 500 million, the British taxpayer will pay as much
in debt interest over the course of four or five days as they will pay
in fuel duty, if
fuel duty is subject to a 1p a litre
rise.
George Osborne's decision to halt August's planned
fuel duty rise and freeze it for the rest of this year is an adroit retreat which will be greeted with relief by motorists - and, furthermore, has been played by the book, since he's just announced it
in the Commons.
George Osborne had already cancelled
rises due under the
fuel duty escalator — a commitment to successive
duty increases — put
in place by the previous government.
In the last autumn statement, he scrapped an increase he had already deferred until January and now it appears he may freeze
fuel duty rises throughout this parliament.
Cuts
in corporation tax, higher infrastructure spending and delay to
fuel duty rise among measures announced by chancellor
The increase
in investment and higher spending will generate enough extra VAT and income tax receipts to make up most of the losses from expected
fuel duty rises.
2 times deputy speaker Lindsay Hoyle said «order order» during the budget speech 1 opportunity the Chancellor can use the old red budget box before it is retired 0
rise in duty on alcohol, tobacco and
fuel
Labour wants 3p - a-litre hike
in fuel duty postponed for another three months
in face of
rising bills and stagnant wages
Mr Osborne risks defeat
in the Commons if he presses ahead with a 2p
rise in fuel duty in tomorrow's Budget, one of his closest allies has warned.
RM: Every year Conservative MPs lobby against further
rises in fuel duty and this year the chancellor has given
in once again — at a time of
rising petrol and diesel prices.
The 1.5 - litre, 4 - cylinder, SOHC i - VTEC petrol engine will continue to perform its
duties, but expect a significant
rise in power and torque figures along with being more
fuel efficient and emitting lesser CO2 emissions.