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About: Fuel Price Escalator     Goto   Sponge   NotDistinct   Permalink

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The Fuel Price Escalator (later Fuel Duty Stabiliser), a fuel duty policy in the United Kingdom ahead of inflation, was introduced in March 1993 as a measure to stem the increase in pollution from road transport and cut the need for new road building at a time of major road protests, at Twyford Down and other locations. Set initially at 3% above inflation it was increased in two stages to 6% before being suspended and then, in 2011, replaced by a 'fuel duty stabiliser' (also known as the 'fuel price stabiliser' and 'fair fuel stabiliser') following further increases in the price of oil.