Removing the five pence per litre cut in fuel duty could drive inflationary cost pressures, raising prices for businesses and consumers, according to a submission made by business group Logistics UK to the Treasury ahead of the autumn Budget on 30 October. The business group, which is one of the UK’s largest and only trade body representing all logistics, … [Read more...]
Newslines 10 March
There are over 4.55M drivers with points on their licences, figures from the DVLA have revealed to the Scrap Car Comparison company. Broken down they show about 3.55M drivers were penalised for speeding, usually on main and secondary roads, and many of these were in the south east of England, followed by London and then the North West, but Wales is not in … [Read more...]
Drivers still short-changed on fuel, says RAC
Despite a further 12p (12.31p) coming off the price of the average price of petrol last month – the largest monthly drop on record – pump prices remain a long way off what the RAC believes are fair given current wholesale fuel costs, new RAC Fuel Watch analysis shows. The average price of a litre of unleaded is now under 170p (169.8p) for the first time … [Read more...]
Budget points
With just hours to go until the Chancellor’s Spring Statement, eight-in-10 drivers (83%) want him to step in to help reduce the impact of record-high pump prices with a cut in duty or a reduction in VAT levied on fuel, shows new RAC research among 2,000 drivers shows. The study suggests drivers are increasingly worried about the impact of high prices with … [Read more...]
Fuel duty rise would be kick in the teeth for logistics
Logistics UK, the business group representing more than 18,000 members charged with keeping the UK stocked with all that it needs, is urging the government to maintain the freeze on fuel duty, ahead of today's Budget. As David Wells, the organisation’s chief executive explains, any duty rise would have a severe impact on the industry’s ability to meet the … [Read more...]
Newslines 26 February
The Ford Fiesta and Vauxhall Corsa pass the test with learners. They are the most popular models for driving schools says Veygo insurance. Five Welsh businesses have been included in this year’s best garage award from WhoCanFixMyCar. Euro Testing Centre, Cardiff; Keep Driving Auto and NGS Swansea; Motazone, Cwmbran and Greens Mobile Mechanics of Pontypool … [Read more...]
Tradelines 28 August
The Petrol Retailers Association has welcomed hints carried by national media that the Treasury may be considering fuel duty cuts in the upcoming Autumn Budget, said Brian Madderson, Chairman of the PRA. Senior sources have confirmed that the Government would announce the 2ppl fuel duty cut later this year - the first reduction of the motoring tax in … [Read more...]
UK Government make fuel costs among highest in world
UK drivers are paying significantly more for petrol and diesel than other countries in Europe and further afield. Used car supermarket, CarShop, has researched the cost of petrol and diesel for UK drivers, and compared it against other countries to see just how much more we are paying per litre and why. Shockingly, the UK is one of the 10 most expensive … [Read more...]
Come clean on fuel revenue, Government told
The RAC is this morning renewing its call for the amount of money generated by fuel duty at each forecourt fill-up to be clearly shown on receipts. It's throwing its weight behind the Vehicle Fuel (Publication of Tax Information) Bill being introduced today by Peter Aldous MP. The changes outlined in the bill, which is promoted by … [Read more...]
AA urge Chancellor to put brakes on motoring tax plans
The AA has written to the Chancellor of the Exchequer urging him to resist hitting motorists and businesses again in the forthcoming budget. Edmund King OBE, AA president, says he is concerned that the Chancellor may consider Insurance Premium Tax and car fuel duty hikes to be a ‘quick win’ to increase revenues. He points out that the cost … [Read more...]
