Fuel duty is set to be increased next year and will climb each year after that in line with inflation. Although chancellor George Osborne did not mention fuel duty in his Autumn Statement yesterday (25 November), effectively maintaining the status quo that has meant no duty rises in five years, this looks likely to end next April. Within the Spending Review document is a forecast that fuel duty revenue will increase by £2.3bn from 2015/16’s level of £27.4bn to £29.7bn […]
Fair Fuel UK has renewed its call for the government to cut fuel duty to spur the struggling economy, after the Bank of England slashed its UK growth forecast for 2012 to close to zero. Quentin Wilson, national spokesman for FairFuelUK, says: “Growth is paralysed so it’s time the government looked at cutting fuel duty to stimulate activity. If we spend less on fuel tax, we’ll spend more on other things.” Wilson argues fuel duty is one of the last […]
The government has put in its request to the European Commission (EC) to extend the rural fuel rebate scheme to ten more UK towns.
MPs have backed Robert Halfon’s private members bill tabled today (16 October), which calls for the tax take on fuel to be printed on every forecourt receipt. The 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 initiative will serve as a real wake up call to all users of road fuels; petrol or diesel,” said Road […]