Saturday, October 25, 2008
Cash-strapped Treasury looks to increase fuel duty
Motorists could face a 2p a litre rise in fuel duty by April with an announcement due before the end of the year, it has been claimed.
Motoring industry leaders who have met Treasury Minister Angela Eagle in the run-up to the autumn's Pre Budget Report say they have been left 'in no doubt' that a fuel duty rise is on the agenda.
They said their pleas to continue a seven-month-long duty freeze 'fell on deaf ears' as the Treasury looked to replenish depleted financial coffers.
Chancellor of the Exchequer Alistair Darling has already given a commitment not to change fuel duty until next April at the earliest - although an announcement could be made before that date.
DATED: 25.10.08
FEED: AW
