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 […]
FairFuelUK and its backers were joined by 100 MPs at the Houses of Parliament on Monday [4 March], where 40 MPs signed a letter calling upon the chancellor to cut fuel duty.
MP Robert Halfon’s fuel price transparency bill has been killed off, having failed to make its passage through parliament in time.
The chancellor has held fuel duty in today’s Autumn Statement meaning no rise for a fifth year running but could have gone further, according to FairFuelUK (FFUK).