Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Autumn Statement: Osborne cancels fuel duty increase

Autumn Statement: Osborne cancels fuel duty increase

The government has cancelled the previously planned 3p fuel duty increase.

The decision had been widely expected. The increase in fuel duty, in addition to an oil price which continues to hover above $100 a barrel, would have hit rural communities hard.

The rise has already been postponed twice. Osborne said that the government had kept fuel duty rates on hold over the full course of its term

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: CHI's bond supremo on liquidity and bond risk management

Profile: CHI's bond supremo on liquidity and bond risk management

'Some people have been extremely complacent about rate rise risk. Myself, I wish they would just get on with it.'

Wealth Manager on Twitter