UK Fuel Duty to Rise Incrementally from September

UK chancellor, Alistair Darling announced in the Budget that UK fuel duty will increase by two pence per litre on 1 September 2009, and will be followed by an additional penny – in real terms – every year between 2010 and 2013. The measure is designed to “support the public finances, while also driving the move to a low-carbon and resource-efficient economy”. The Budget predicts that the move will “save 2 MtCO2 per year by 2013-14”, while also providing additional funds for “medium-term fiscal consolidation” (otherwise known as propping up the public coffers with your hard-earned).