Osborne's Autumn Statement reveals measures that could benefit fleets
News
3 Dec 2014
George Osborne's 2014 Autumn Statement revealed plans to invest in green transport and maintain fuel duty at current rates.
The Chancellor confirmed that, despite falling oil prices, the freeze in fuel duty will remain in place. He said: "We've cut fuel duty and we'll keep it frozen."
The government said that the decisions it has taken on fuel duty since coming to power will save the average motorist £675 by the end of 2015/16.
Meanwhile, the Department for Transport said that a fuel comparison sign will be trialled at service stations along the M5 early next year. The move, which is intended to promote competition, is expected to be rolled out by the end of 2015.
Price-based trigger points for changes to the supplementary charge and fuel duty will also be abolished.
Environmentally friendly vehicles were also covered in the Statement, with plans announced to make an extra £10 million available between 2017/18 and 2019/20 to increase the number of ultra-low emission vehicles on London's roads, £85 million in funding to help deliver ultra-low emission taxis, buses and cities, and £50 million to support research and development in this area.
In addition, £4 million will be provided to extend the Clean Vehicle Technology fund in 2014/15.
