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FUEL DUTY: RECENT TIMELINE

26th September 2013
Page 29
Page 29, 26th September 2013 — FUEL DUTY: RECENT TIMELINE
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January 2011: FFUK starts its campaign March 2011: Chancellor takes everyone by surprise in announcing an immediate cut in fuel duty of lppl in the Budget, while confirming inflationary 3ppl rise for January 2012; also unveils scrapping of fuel duty escalator, plans for a fair fuel stabiliser and the abolishment of planned duty increases in April 2013 and April 2014 November 2011: Chancellor's Autumn Statement confirms 3ppl rise due in January 2012 will be pushed back to August; inflationary increase of 1.92ppl planned for August 2012 cancelled March 2012: Budget confirms 3ppl rise from 1 August June 2012: Chancellor announces fuel duty rates will now be frozen until January 2013 December 2012: Autumn Statement confirms increase of 3ppl in January 2013 will be cancelled; planned rise of 1ppl in April 2013 deferred to September March 2013: September rise scrapped in the Budget; Chancellor suggests freezes over past two years have meant Treasury foregoing £6bn of revenues April 2013: Prime minister David Cameron signals coalition will try to keep fuel duty increases off the agenda for the duration of current parliament