Less To Pay At The Pumps |
George Osborne and the Conservatives have again announced a fuel duty tax freeze until 2015, but is this going far enough?
The UK already has one of the highest diesel fuel price
across Europe (only the poor Norweigans and Italians have higher) so freezing
the proposed duty increase until 2015 will not have a dramatic effect on your
wallet.
Lower Fuel Duty Would Mean Less Of This |
The freeze will save drivers spending an extra 3p per litre
at the pumps or on average losing 15 miles per full tank, which does not seem a
lot. It has been argued by FairFuelUK that actually cutting fuel duty by 3p
would create around 70,000 more jobs and grow the economy by 0.2% which to us
sounds like a better solution to our economic problems
UK’s high fuel prices affect everyone, not just drivers.
Increasing fuel costs have directly contributed to a higher cost of living,
from your packet of cereal in a supermarket to the latest smart phone in a high
street store, all need to be transported and in turn prices are increased due to fuel
costs.
The UK transport industry has been hit hard by high fuel
duty. It currently employs over 2 million people but has struggled to compete
with European companies who have lower fuel prices and many haulage businesses
have vanished with people losing their jobs.
It’s time we had a level playing field with the rest of
European and a fuel price that will encourage our economy to grow and secure
future businesses and jobs.
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