PM hints at scrapping fuel duty rise in next week's Budget
The PM said that the Government recognises the “pain” being caused by record petrol prices families and small businesses were feeling, as petrol prices crept over the £1.30-a-litre mark and pointed out that the Budget was imminent
Speaking yesterday in Prime Minister's Questions, Mr Cameron said that he didn't want to speculate on the content of next week's Budget but commented: 'I know the pain that families and small businesses are feeling from the huge number of fuel duty increases put through by the previous Government. In their last Budget they put through seven fuel duty increases—one for before the election and six for afterwards. What a surprise they didn't even have the brass neck to raise that.’
It is also expected that Chancellor George Osborne will support proposals for a "fair fuel stabiliser" to automatically reduce fuel duty as oil prices rise.