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 government's support for expanded nuclear energy plans and simultaneous hints at a deferral of the
2p increase in fuel duty have prompted criticism from the Conservatives.
Under questioning from Miliband in the Commons, Cameron said that the decision to freeze fuel duty was not a government U-turn since it was one of six
increases in fuel duty left by Labour.
Other expected measures include an increase in the bank levy to bring the tax's annual income to # 2.5 billion, a deferral of the
3p increase in fuel duty to help motorists and a cap on the planned 8.2 % hike in rail fares, which will be cut to 6.2 %.
The CBI also wants the government to reconsider
planned increases in fuel duty, changes to air passenger duty and to look at deregulating small mergers to help struggling firms survive by joining forces.
But he also announced a delay to
the increase in fuel duty, a reversal on the introduction of a per - plane duty, and few energy and emission - reduction incentives.
The Harlow Tory has been a persistent campaigner on several issues, most notably against hospital car parking charges and
increases in fuel duty.
Late last year, George Osborne postponed Labour's planned
increase in fuel duty, but the planned increase is due to come into force in August this year.
The Sun's signature campaign in recent weeks has been the campaign that has also been spearheaded by Tory MP for Harlow - Rob Halfon - lower fuel duty and, in particular, a call to cancel or at least postpone the 3p
increase in fuel duty that is scheduled for August.
Nevertheless, Clegg and Alexander have sympathy with the argument that
an increase in fuel duty would be a heavy blow to working families at an economically difficult time.
Clearly by cancelling the 3p
increase in fuel duty we're helping again people who have to use their cars to get to work.
The only specific measure to run into strong opposition was
the increase in fuel duty, opposed by 68 %.
In the debate, Halfon was adamant that
the increase in fuel duty was not simply an economic issue, and that «tax cutting is a moral creed»:
The planned
increase in fuel duty, Smith said, «remained in the Budget: so that we can deal with the record deficit that we inherited», reiterating the need for them in this «time of international instability».