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Showing Tag: "rise" (Show all posts)

Fuel duty rise 'may be deferred'

Posted by Will Dracott on Thursday, November 1, 2012,

A PLANNED 3p rise in fuel duty stands a 70% chance of being deferred, a campaigner said today after crunch talks with the Treasury.

The Government agreed to meet officials from the FairFuelUK group who had given them a report by the National Institute for Economic and Social Research.

The study says January's rise could lead to 35,000 job losses and a 0.1% cut in economic growth.

As a result of the predicted job losses and damage to growth, the tax hike would only bring in just over half the exp...
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3p fuel price hike 'risks 35,000 jobs'

Posted by Will Dracott on Wednesday, October 31, 2012,

THE GOVERNMENT’S 3p-a-litre rise in fuel duty planned for January could lead to 35,000 job losses, campaigners said today.

The rise could also see a 0.1% cut in economic growth, the report prepared for the FairFuelUK group said.

As a result of the job losses and damage to growth, the tax increase will only bring in just over half the expected extra tax revenue - £800 million rather than £1.5 billion, said the report.

Produced by the National Institute for Economic and Social Research, the re...
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Fuel prices rising again

Posted by Will Dracott on Saturday, July 21, 2012, In : Motoring news

The price of petrol at the pumps is rising again after weeks of falls.

The average cost of a litre of petrol is now 132.18p, with diesel at 137.26p, the AA said.

Average petrol prices peaked at 142.48p a litre in mid-April and were as low as 130.81p at the beginning of this month, before going up again.

But the AA said that had the fall in the north west European wholesale price of petrol been fully passed on to consumers, motorists would have been paying even less for fuel than they were at the...
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UK prices reach all time high

Posted by Will Dracott on Thursday, April 8, 2010,

UK petrol prices set to hit all-time high

Average cost expected to exceed 120p per litre, say experts

Posted: 7 April 2010
by Visordown News

UK PETROL prices are set to hit an all-time high in the near future, the AA has warned.

With hundreds of garages across the UK charging more than 120p per litre for unleaded petrol, the Association says we should expect the aver...

Free Petrol for the year!

Posted by Will Dracott on Wednesday, April 7, 2010,

Fuel duty goes up by 1p - win free petrol for year!

With petrol prices heading for a record high of £1.20 a litre, a 1p fuel duty increase on 1st April, followed by a further 1p increase later in the year, uSwitch is offering you the chance to win £1,800 – equivalent to a year’s worth of petrol.

All you have to do to enter is come and get a car insurance quote – it’s as simple as that!
...
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Will Dracott

A-Class Driving School

Bristol

This blog is for everyone and anyone who has an interest in driving. We have all the latest from the DSA, High Way Code news, Motoring Headlines and Car Reviews. If you're a learner, motorist or driving instructor, we welcome your input in the topics we bring you.

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