Brown may ditch fuel duty rise - papers 4th June

According to The Daily Telegraph, Brown will make a final decision on the duty in August after reviewing progress on international efforts to stabilise the price of oil. His move comes after oil exporting countries agreed to increase production to head off an energy price crisis, the paper says. WHILE OIL prices keep rising, more than half of the City’s economists predict the Bank of England will raise rates next week for the second month in a row, writes The Times. Despite signs yesterday of a slowdown in the services sector, 27 out of 45 economists polled said they expected rat...