Tag Archives: David Cameron

UK motorists blame government for fuel prices

08 May, 2012   Karl   No comments

sad david cameron hypermiling fuel prices UK motorists blame government for fuel prices

A poll by the pressure group FairFuel UK of more than 26,000 motorists has shown a massive 89.3% felt ministers were to blame for soaring fuel prices.

The survey conducted on the FairFuel website has also shown that three-quarters of motorists thought MPs were “out of touch” on the issue of petrol and diesel prices, while 86% said lowering fuel duty was the most important tax issue for the UK economy.

FairFuelUK spokesman Quentin Willson said: “Our MPs and senior politicians just don’t get fuel duty and the results of this extensive poll show that the public know it.

“Their failure to act and their apathy over what is one of this country’s most important social issues tells us how removed they are from real life.

“Families and businesses can’t afford to use the roads yet the majority of our MPs won’t stand up for the people.”

FairFuelUK organiser Peter Carroll said: “The airwaves have been full of politicians saying that they are ‘listening to’ and ‘engaging with’ voters – they need to start by accepting the results of this massive poll starting with the fact that fuel duty is the number one issue.”

Just to help you understand how our fuel price break down, if you pay 132.9p for a litre of fuel – 57.95p is fuel duty, 47.9p is the fuel itself, 22.15p is VAT (that’s VAT on top of the fuel duty!) and the remainder is for the retailer and delivery.

We applaud the FairFuelUK for their continued and relentless campaign against our rediculaous fuel prices. Please show your support and sign up on their website.

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UK hits back at OPEC’s claim that we are to blame for rise in fuel prices

04 February, 2011   Karl   No comments

1252540805 UK hits back at OPECs claim that we are to blame for rise in fuel pricesBritain hit back at suggestions made by Abdalla el-Badri, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), that the government is responsible for record fuel prices.

El-Badri said in an interview with the Times newspaper that pump prices reflect U.K. taxation rather than OPEC policy and that the government is making more money than the producers.

“Clearly an increase in oil price does have an impact on petrol prices,” Prime Minister David Cameron’s spokesman, Steve Field, told reporters in London today. “If you look at recent rises in petrol prices, the majority of the increase is accounted for by non-tax factors, i.e. margins and the price of crude.”

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Cameron fights the Treasury over UK fuel prices

18 January, 2011   Karl   No comments
david cameron Cameron fights the Treasury over UK fuel prices

Either way... Motorists will loose out.

David Cameron has stepped up an increasingly public battle with the Treasury over petrol prices by telling George Osborne he must ‘share the pain’ with the motorist.

The Prime Minister yesterday again backed reforming the tax system to stabilise pump prices, just a day after the Chancellor’s number two, Danny Alexander, poured cold water on the idea.

Treasury officials are said to harbour doubts about whether his idea of a fair fuel stabiliser – where the rate of duty is cut as oil prices rise, and increased as they fall – can work.

At the weekend, Treasury Chief Secretary Mr Alexander said that the proposal would be given ‘due consideration’ but it was ‘difficult to see precisely how we achieve it’.

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Treasury unhappy with fuel price stabilisation, another broken promise

16 January, 2011   Karl   1 Comment

2010 5 29 cleggeron 300x224 Treasury unhappy with fuel price stabilisation, another broken promise

UK Treasury "unhappy" with Fuel price stabilisation measures. Another broken promise

PM David Cameron suggested yesterday the Treasury is unhappy about coalition plans to introduce fuel price stabilisation measures.

Mr Cameron, supportive of the move since before the general election, said the Treasury is concerned its introduction may leave the government unable to balance its books and are reluctant to give it the go-ahead as a result. The plan was a crucial part of the Tory party’s pre-election manifesto.

The scheme was originally mooted to ‘smooth out’ wild swings in prices at the pumps, making it easier for business and private vehicle users to plan ahead for their fuel needs. Funding for the scheme, which aimed to reduce fuel duty as oil prices rose and increase it as they fell, was to have been from increased VAT revenues on fuel.

According to Mr Cameron, the Treasury’s concerns focuses on rising oil prices hitting revenue in other areas, leaving it unable to justify the cutting of duty on fuel. Campaigners encouraging Mr Cameron to press ahead with the scheme are angry at the possibility of yet another U-turn.

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Fuel Prices To Hit £70 A Tank By Easter

13 January, 2011   Karl   No comments

fuel price 300x197 Fuel Prices To Hit £70 A Tank By Easter

Fuel prices set to rise, fuel duty will be the nail in the coffin

Motorists’ pockets will be hit even harder this year as petrol retailers predict the average cost of filling up a tank could soar to £70.

Planned government tax rises could see a litre of unleaded rocket to £1.36, while diesel could go up to £1.40.

Representatives from major motoring organisations are urging Chancellor George Osborne to scrap plans for a 5p rise in fuel duty in his April budget.

Already hard-hit families could face a total rise of 8p per litre at the pumps as oil prices also continue to increase.

Brian Madderson, chairman of the Retail Motor Industry Federation’s petrol division (RMI), has written an open letter to Mr Osborne calling for him to “halt the relentless rise in fuel prices“.

Mr Madderson said: “Our unequivocal recommendation is that the Government now abandon the fuel duty`escalator’ principle as this is a legacy of your predecessors.

“We are mindful that the plan to increase duty yet again by 1p a litre in ‘real terms’ from April 1 will add a further 4-5p a litre to the retail price at the pumps for all grades of fuel.”

Mr Madderson’s plea is echoed by commuters and small businesses who are demanding action from ministers.

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Chile approves fuel stabiliser… hint hint Mr Cameron.

12 January, 2011   Karl   No comments

chileinauguration311jpg 79bbe074e260b911 large 300x200 Chile approves fuel stabiliser... hint hint Mr Cameron.

Lets hope David Cameron takes note at President Sebastian Pinera's actions

Chile’s lower house approved a new mechanism to buffer local fuel prices from international market variations, sending it to President Sebastian Pinera to be signed into law.

As Chile imports the vast majority of the fuel it consumes and transportation and fuel prices have a heavy weighting on the consumer price index, international market volatility can shake the domestic economy.

The proposed mechanism, which carries the acronym Sipco and has a variable fuel-tax component that will reduce taxes if prices climb above a certain point, was unanimously approved in the lower house earlier Wednesday.

“Chilean consumers can rest assured that if there are sharp price hikes for international fuel prices, they will be in part mitigated by this new mechanism,” Finance Minister Felipe Larrain said.

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Scotland pledge to cut fuel north of the border by 10p a litre

10 January, 2011   Karl   No comments
Alex Salmond 150x150 Scotland pledge to cut fuel north of the border by 10p a litre

Scotland’s First Minister Alex Salmond pledged to cut fuel north of the border by 10p a litre

Pressure mounted on David Cameron to reduce petrol prices last night as Scotland’s First Minister pledged to cut fuel north of the border by 10p a litre.

With motorists facing record prices, Mr Cameron is under growing pressure to make good on his opposition promise to bring in a fuel duty stabiliser, which would reduce tax when basic fuel prices rose.

The idea was all but ruled out by the independent Office for Budget Responsibility but the Prime Minister last week hinted it was still on the agenda.

Now Scotland’s Alex Salmond has put his government on a war footing with Westminster by making a cut in petrol tax a key pledge in his bid for a second term in office.

Mr Salmond, who faces Scottish Parliamentary elections on May 5, told the Sunday Express he would be taking the battle to control the nation’s economy to Downing Street. His opening salvo was a promise to cut pump prices by 10p a litre if a campaign for Scotland’s own fuel price regulator was successful.

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