FairFuelUK (FFUK) has published new research “that blows the current thinking around fuel duty out of the water”, according to the head of the campaign. The CEBR report, Assessing the Impact of Lower Prices on the UK Economy, has revealed that the lower petrol and diesel prices of 2015 have raised UK GDP by 0.6%; created an extra £11.6bn of economic activity; 121,000 jobs and boosted government tax revenues. The research also shows that raising duty on diesel or increasing […]
Leading independent fuel supplier Prax Petroleum is expanding its coverage of Wales and the South West of England with the opening of a terminal in Cardiff to add to its Dagenham and Immingham sites.
The RHA has said that if MPs don’t back a private members bill being tabled today (16 October), which calls for the tax take on fuel to be printed on every forecourt receipt, they will need to provide a clear reason why they have vetoed it. Robert Halfon, Conservative MP for Harlow, and founder of the PetrolPromise campaign, is calling for the complete tax breakdown (duty and VAT) to be printed on all till receipts issued by fuel retailers. “This […]
Chancellor George Osborne has cancelled the planned fuel duty rise in September 2014, confirming a commitment to a duty freeze he made at the Conservative Party Conference in September.