UK's Osborne says may scrap 2011 fuel duty increase

Newswire

LONDON, Jan 27 (Reuters) - British finance minister George Osborne said on Thursday he may scrap a planned rise in fuel duty this year. The previous Labour government had planned a one pence per litre hike in fuel duty in April, but the Conservative-Liberal Democrat coalition government, in power since May, has come under pressure to scrap it. "We can override it, we are looking at that," Osborne told BBC West Midlands radio. " "We are also looking at the idea that we put forward ...

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