by Karl Dyson | Jan 18, 2011 | Fuel Prices
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...
by Karl Dyson | Jan 17, 2011 | Fuel Prices
In a highly significant move, the two major trade associations representing the road freight industry are joining forces to campaign for fairer fuel prices. The Freight Transport Association (FTA) and the Road Haulage Association (RHA) are joining forces with the...
by Karl Dyson | Jan 16, 2011 | Fuel Prices
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...
by Karl Dyson | Jan 14, 2011 | Fuel Prices
The cost of oil will hand the Treasury a windfall in extra tax this year while motorists endure record petrol prices. The Government will collect about £12 billion in tax on North Sea oil revenues – 20 per cent more than ministers had forecast, according to latest...
by Karl Dyson | Jan 13, 2011 | Fuel Prices
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...
by Karl Dyson | Jan 12, 2011 | Fuel Prices
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...
