Hard-pressed motorists have received an early Christmas present with news that next year's planned 2p a litre fuel tax rise will definitely be scrapped.
Chancellor George Osborne confirmed the abandonment in his Autumn Statement today.
Mr Osborne had first announced at this autumn's Conservative Party conference that the 2014 rise would be cancelled - but only if this was financially possible.
RAC Foundation director Professor Stephen Glaister said: "Confirmation of Mr Osborne's conference promise will be welcomed by 36 million UK drivers, not least the record number of workers who now commute by car, some 17 million in total.
"But 60% of the pump price is still taxation and about 7% of all the Chancellor's income comes from motorists. Whichever way you look at it drivers are doing more than their fair share to prop up Government spending."
There was further good news for travellers when Mr Osborne announced that January 2014's rail fare rise for regulated fares - which include season tickets - would be limited to the RPI rate of inflation rather than RPI plus 1%.
With the rise being based on the RPI rate in July 2013, this means that the average rise in January 2014 will be 3.1% rather than the expected 4.1%.
Manuel Cortes, leader of the TSSA rail union, said: "We are pleased that the Chancellor has at last recognised the cost of living crisis being faced by millions of rail passengers.
"A rise of 3.1% cent will be welcomed, even it means the Coalition have still increased fares by almost 20% since June 2010. Now we want to see an end to annual fare hikes altogether with a freeze in 2015."
AA public affairs head Paul Watters said: "Cancelling fuel duty next year tells drivers that the Government is trying to help offset some of the impact of highly volatile pump prices over the past two years.
"At the pump, a 2p-a-litre increase would have been equivalent to a £1 a tank increase for small cars and £1.40 for (a Ford) Mondeo family."
He went on: "Pump prices that have shot up 8p to 10p a litre on occasions during 2012 and 2013 have sapped drivers' ability to get by.
"Up to 76% of AA members have had to cut back on car use, other spending in the family budget or both. Let's now hope that the players in the oil and fuel markets don't cancel out the Chancellor's generosity."
Mr Osborne announced that his decision on the rail fare rise would benefit more than 250,000 annual season ticket holders who will, on average in 2014, save £25.
For instance, an annual season ticket from Chelmsford to London should be around £35 less in 2014 than it would have been without the change in the price formula, while an annual season ticket from Oxford to London should be around £45 less.
However, as announced earlier, train companies will still be allowed to put some regulated fares up by a limit of 2% above the RPI cap (in other words by as much as 5.1%) as long as the average rise is no more than 3.1%
Mr Osborne also said that a trial of flexible rail season ticketing will take place in south east England. This is aimed at those who work from home periodically.
Michael Roberts, director general of rail industry body the Rail Delivery Group said: "This is good news for commuters. We strongly support the Government's decision to scrap January's above-inflation average increase in season tickets and other regulated fares.
"This will encourage even more passengers to travel by rail, helping to sustain already significant investment in more trains, faster services and better stations."
Stephen Joseph, chief executive of the Campaign for Better Transport, said: "We strongly welcome the Chancellor's decision to end the decade of inflation-busting fares rises
"However, ticket prices will still rise three times faster than wages and above-inflation rises are still on the cards for 2015 and beyond.
"Even for long-distance commuters, the saving will amount to less than £1 per week. Today's announcement is a welcome first step, but Government still has much to do to make sure our railways are affordable to all."
Normally, passengers would have expected to learn round about this week exactly what their season ticket rise for January was going to be.
But train companies will now re-price the 2014 fares and have promised that the new fares will be available to passengers in time for January 2 when they take effect.
The Chancellor also said that the statutory maximum price of the MOT test for a car will be frozen at £54.85 until 2015.
Also, from 2014, whiplash cheats, whose fraudulent compensation claims have driven up average motor insurance premiums, will be scrutinised by new independent medical panels.
This will ensure that only evidence from accredited professionals can be considered and will mean people can no longer profit from exaggerated or fraudulent compensation claims.