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 […]
The chancellor has ignored calls to introduce a training fund to tackle the chronic shortage of HGV drivers in today’s Autumn Statement.
Fuel duty will remain frozen this year, announced Chancellor of the Exchequer George Osborne in his Summer Budget this afternoon, following speculation that it would be increased.
Campaign group FairFuelUK (FFUK) has made a fresh call for the Chancellor to scrap January’s planned 3ppl rise in fuel duty, after figures from the Department of Energy and Climate Change (DECC) showed a sharp fall in fuel consumption. Sales of transport fuels fell 6.3% in the second quarter compared to the same period in 2011, made up of a 10.6% fall in petrol deliveries and a 1.6% fall in diesel deliveries. In all, some 6.2 billion litres of diesel […]