Stewart Jackson, MP for Peterborough has welcomed Conservative Chancellor George Osborne’s decision this week to freeze Fuel Duty until the end of the year.
The Government inherited a series of Fuel Duty rises from the last Labour government planned for last year and this year which it has scrapped or delayed. Following recent action in last year’s Budget and Autumn Statement to cut Fuel Duty and scrap Labour’s Fuel Duty ‘escalator’, this week the Conservative Chancellor cancelled Labour’s 3p per litre rise planned for August this year.
Thanks to this Government’s repeated action, including this week’s delay, Fuel Duty is now 10p per litre lower than Labour planned, and motorists will save £159 on filling up the average family car by the end of the year.
Stewart Jackson MP said:
“Thanks to the Conservatives in government, Fuel Duty has now been frozen for two years.
“This is good news for motorists, families and businesses coping with tight finances.
“By taking action on fuel pump prices and cutting income tax for millions of people, the Conservatives are providing real help to people with the cost of living and a boost for Peterborough’s economy.”