FairFuelUK urges Chancellor to cut fuel duty
The FairFuelUk has urged the Chancellor to cut fuel duty and implement other actions as it highlights the benefits of lower fuel costs to the UK economy.
In a letter delivered by hand to the Treasury and to the Prime Minister’s Office, the campaign calls for the Chancellor:
- Cut Fuel duty on all fuels by 3p to match, more closely those of other developed nations
- Cut VAT on all fuels to 15% – to “soften the punitive and hugely unpopular double taxation currently in place”
- Set up an ‘OfPump’ monitoring body for fairer and more transparent pricing at the pumps “in order to halt the rocket and feather pricing lottery millions of drivers experience every day”
- Introduce more incentives for motorists to move to cleaner fuels
Howard Cox, founder of the FairFuelUK Campaign, said: “It’s now time for the new Treasury Administration to practice what they endorse. Back in 2014 they said, lower fuel duty benefits the economy by boosting GDP. Such a widely popular cut in duty and VAT will also resonate profoundly with those families the Prime Minister addressed directly on the day she took office.
“It’s time for the Government to truly deliver on the PM’s laudable intentions and help millions of hard working families, small businesses and the haulage industry to prosper.”