Whatever your views on the pre-election Budget, it is certainly welcome news for motorists and business that the Chancellor has once again frozen fuel duty.
George Osborne scrapped a planned increase to fuel taxes, extending the four-year freeze on fuel duty until the autumn in his final budget speech before the election.
The proposed escalator of 0.54p per litre was due to take effect in September, but by axing it, the Chanellor said motorists would now get “£10 off a tank with the Tories”.
Osborne said: “I want to help families with the cost of filling up a car. It’s a cost that bears heavily on small businesses too.
“The last government’s plans for a fuel duty escalator meant taxes would rise above inflation every year.
“But I want to make sure that the falling oil price is passed on at the pumps. So I am today cancelling the fuel duty increase scheduled for September.”
Another way to save pounds at the pumps is to ensure tyres are properly inflated. According to Michelin tyres, a vehicle uses an extra one mile per gallon for every seven psi it is under-inflated from the correct pressure and ten per cent under-pressurisation reduces tyre life by ten per cent.
You can find out the right tyre pressures for your car in the handbook or on a sticker inside the fuel filler flap or driver’s door. The pressures are quoted for cold tyres and remember you will probably have to increase pressures when you carry heavy loads.
Denna Bowman, Head Office