Osborne insists there will be no cuts to fuel duty
George Osborne has reportedly ruled out any cuts to fuel duty in next month's budget, as drivers are forced to contend with record prices at the pump.
Diesel prices hit 143.5p this week and a planned rise in fuel duty in the forthcoming budget has led to calls for protests at Westminster next month.
The Chancellor, inset, is set to raise fuel duty by 3p in August, after having deferred the rise from January. But his aides have said that the rise must go ahead as planned, in order to fund business tax cuts demanded by many in the Conservative Party. "Petrol prices have remained within a 5p range for some time," an aide to Mr Osborne told the Financial Times. "The price is a lot lower than it would have otherwise been if we had not intervened. We have no plans to change what we said at the autumn statement."
Motoring organisations have called on the Chancellor to scrap the rise. The Retail Motor Industry (RMI) said the increase would be a "disaster" and "could derail Government plans to curb inflation". The AA has also called on Mr Osborne to reconsider. Fuel duty in the UK is 57.95p per litre, among the highest in Europe.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 3 Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
- 4 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 5 UK weather: 'Coldest night of the year' tonight as freezing temperatures plummet to -10C
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
Millions of Britons struggling to feed themselves and facing malnourishment
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk
£32000 - £40000 per annum: Recruitment Genius: A Business Manager is required ...
£45000 - £55000 per annum: Recruitment Genius: This is an exciting opportunity...
£20000 per annum: Recruitment Genius: Panel Wireman required for small electro...
£25000 - £27000 per annum: Recruitment Genius: An SME based in East Cheshire, ...