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MP supports FairFuelUK's call for cut in fuel duty

8th March 2013
MP supports FairFuelUK's call for cut in fuel duty

Gordon Henderson MP joined Quentin Willson and his FairFuelUK team in the House of Commons on Monday afternoon 4th March to add his voice to the call for a better deal on petrol & diesel taxation in the forthcoming Budget.

Quentin Willson said, ‘We were delighted to meet with Mr Henderson at our Westminster Lobby. Families and businesses are struggling under the dead weight of paying 80p per litre in combined VAT and Fuel Duty. This is hurting families, damaging businesses and holding back growth. Our research shows that high fuel costs are the nation’s Number 1 financial priority. The Chancellor needs to be bold and cut fuel duty in his Budget. A significant cut in Fuel Duty will give the economy the kick start it needs. Much of the perceived loss in revenue will be made up by the tax take from the resultant economic growth. With sterling's recent fall and rising oil prices the approaching spectre of diesel at £1.60 litre is a nightmare this country simply can't face.'

FairFuelUK has commissioned research from two nationally respected Think Tanks that clearly shows that a cut in Fuel Duty will boost growth. Here are those two reports and where to read them...

NIESR Report:
CEBR Report:

Mr Henderson said,

“I have been a long standing supporter of FairFuelUK because the high cost of petrol and diesel affects us all.

“Motorists have seen the cost of filling their tank spiral and that has hit them hard.

“Hauliers too have been badly affected by the high price of diesel and their costs have been passed on to consumers in higher prices in the shops.

“The Coalition has taken some steps to help motorists and pump prices would have been 15p per litre higher if the Chancellor had not scrapped the duty increases planned by the previous government.

“But much more needs to be done and I support the call by FairFuelUK for the Chancellor to be bold and cut duty because in the long run this will stimulate growth and increase tax revenue.”

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