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29 May 2008

Punters Bet That Fuel Duty Rise Will Be Dropped

Bookmakers William Hill believe that the Government will drop or postpone the proposed 2p rise in fuel duty in October.

William Hill are offering betting odds of 1/4 that the 2p rise will no longer happen and quote odds of 11/4 that the 2p rise will still go ahead.

"Gordon Brown is under severe pressure at the moment and with the cost of fuel rising steadily, the early signs are that this measure is likely to be shelved for the time being." said William Hill's spokesman Graham Sharpe.

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