by Karl Dyson | Feb 28, 2011 | Fuel Prices
As the crisis in the middle east continues to send fuel prices spiralling, Labour Shadow Chancellor Ed Balls said George Osborne should “get out his bunker” and halt the tax rise ahead of next month’s Budget. World oil prices are already rocketing around the globe as...
by Karl Dyson | Feb 8, 2011 | Fuel Prices
Pleas from industry to cut petrol duty would cost the government £6bn and lead to a “fiscal black hole” in public finances that would have to be filled by raising other taxes, or by more painful public spending cuts, a green thinktank (Green Alliance)...
by Karl Dyson | Jan 30, 2011 | Fuel Protests
Haulage firms are threatening to blockade the roads if fuel taxes continue to rocket. A survey of firms across the West Midlands has unearthed widespread unrest about the Government’s plans to introduce more petrol and diesel duties. We dozens of companies with some...
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...
