Fuel duty rising with inflation is 'fiction' and could damage credibility of ... trends now
Fuel duty rising with inflation is 'fiction' and could damage credibility of ... trends now
Fuel duty rising with inflation is 'fiction' and could damage credibility of forecasts, MPs warn
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MPs have called for an end to the Whitehall ‘fiction’ that fuel duty will rise with inflation.
For the past 12 years the Office for Budget Responsibility has prepared forecasts that assume tax on fuel will rise with inflation – only for the Chancellor to freeze the duty.
A report from the Treasury committee published today calls for a change in policy to prevent the credibility of the OBR’s forecasts being undermined. Jeremy Hunt is expected to
