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Budget 2014: No fuel duty rise for 2014

Date: 19 March 2014   |   Author: Jack Carfrae

The Chancellor of the Exchequer George Osborne has cancelled the planned fuel duty rise previously scheduled for September 2014 in today's Budget.

Speaking at the House of Commons, he said: "The fuel duty rise planned for September will not take place. Petrol is 20 pence per litre lower than under the last Government."

According to the official Government Budget documents "Fuel duty remains frozen for the remainder of this Parliament, saving the average motorist £11 every time they fill their tank by 2015-16."

It claimed that the move would save a typical motorist £680 by 2015-16. 

Ad well as abolishing the rise, the Government announced plans to introduce a 5p per litre cut in fuel duty for the most remote rural areas of the UK.

It has submitted an application to the European Commission as part of the Rural Fuel Rebate Scheme for the 17 "most rural" areas in the mainland UK to receive the discount.