by Hypermiler UK | Mar 19, 2014 | fuel duty uk
Chancellor George Osborne has confirmed that number 10 will continue to freeze fuel duty in his annual Budget statement today.To date, fuel duty has been frozen for over four years and will remain at 57.95p per litre of fuel. Mr Osborne claimed that the governments...
by Hypermiler UK | Mar 12, 2014 | Fuel Prices
The oil cartel Opec has upgraded its forecast for world oil demand raising concerns that motorists could soon be paying more at the pumps. The cartel which represents 12 of the world’s leading oil producing nations has expects oil consumption to increase by...
by Hypermiler UK | Dec 7, 2013 | fuel duty uk
The UK Chancellor, Mr George Osborne has confirmed that the planned 2014 fuel duty increase will be scrapped. The news, revealed in his Autumn Statement could save motorists 20p on every litre of petrol compared to the rises planned under Labour’s hated...
by Hypermiler UK | Sep 30, 2013 | Fuel Prices
In what many have seen as a “populist” move, the UK chancellor George Osbourne has promised to freeze fuel duty until May 2015. The move, announced today at the Tory conference in Manchester wasn’t without its caveats, Mr Osbourne went on to say that...
by Hypermiler UK | Nov 12, 2012 | Fuel Prices
Pressure from fuel lobby groups such as FairFuelUK and the government’s opposition could see the planned 3p a litre fuel duty rise delayed or even scrapped if the chancellor backs down. The move to quell the planned duty increase has been gaining momentum with...