Fuel duty rise is postponed

The planned 2p rise in fuel duty set for this October is to be postponed, the government announced this morning.

It iss the second time it has been postponed - it was due to be introduced in March, but was delayed for six months because of rising oil prices.

Chancellor Alistair Darling said: "The global credit crunch and sharp rise in world oil prices have pushed up prices at the pump.

"Today's decision will help motorists and businesses get through what is a difficult time for everyone."