Budget: Fuel duty to be cut and escalator scrapped


Motoring costs will fall for families and businesses as a result of fuel duty changes announced in the Budget.

Chancellor George Osborne announced a 1p per litre cut in fuel duty in response to a recent surge in global oil prices, effective from 1800GMT.

He also said he would cancel a fuel duty escalator that would have pushed fuel costs higher.

"It's about doing what we can to help with the high cost of living and the high cost of oil," the chancellor said.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.