(12 years, 9 months ago)
Commons ChamberTime is short; hon. Members will appreciate that I need to press on. We acted by cancelling the previous Government’s fuel duty escalator for the rest of the Parliament. We acted by introducing a fair fuel stabiliser that will better share the burden of high oil prices between motorists and oil companies, and we acted by ensuring that there are no fuel duty increases at all this year.
No. I am sorry, but there is not time.
I need to explain to the hon. Lady that we deferred the inflation-only increase that was planned for April 2011 to January 2012, and deferred the 2012-13 increase to 1 August 2012.
No, I will not. I need to press on.
There have been calls for the Government not to go ahead with those two duty increases. I can understand that, and my right hon. Friend the Chancellor understands that, but let us not forget that those increases remained in the Budget so that we can deal with the record deficit that we inherited. This is a time of international instability, and the difficult decisions that the Government have taken to tackle the deficit have made Britain safer for householders. Our reduction plan has led to low interest rates, which help householders through their mortgages.
The hon. Lady will appreciate that I need to leave time for Back Benchers to respond to the debate. In addition to the cut in fuel duty, which hon. Members have, of course, welcomed today, the Budget announced further support that will benefit motorists. Our fuel duty cut came on top of the freeze in vehicle excise duty for hauliers that hon. Members mentioned.