Motorists will get some respite from high fuel prices, after the Chancellor scrapped September's fuel duty hike.
The exact amount of the planned rise was unknown but the change of heart will be of help to motorists faced with prices above £1.40 per litre at many forecourts (see the Cheap Petrol & Diesel guide to cut costs).
Of course, the announcement doesn't mean prices are coming down, just that the tax won't rise later this year.
In December's Autumn Statement, Osborne cancelled a planned petrol tax increase in January this year of 3.02p per litre, though with VAT the true jump would have been 3.6p.
/igd-petrol-2.jpg.rendition.320.320.jpg)
Have your say
This is an open discussion but the comments do not represent the views of MSE. We want everyone to enjoy using our site but spam, bullying and offensive comments will not be tolerated. Posts may be deleted and repeat offenders blocked at our discretion. Please contact fbteam@moneysavingexpert.com if you wish to report any comments.