Government urged to scrap fuel duty rises
Thursday 13 January 2011
The Government was today urged to scrap planned fuel duty rises amid fears that prices at the pumps could reach as high as 140p a litre by April.
Brian Madderson, chairman of the Retail Motor Industry Federation's petrol division, urged Chancellor George Osborne to "halt the relentless rise in fuel prices".
In a letter to Mr Osborne, Mr Madderson said average petrol prices were already at 128p a litre with diesel close to its record-high of 133p a litre.
On diesel, Mr Madderson said: "We anticipate a new high within days and expect the price to reach 140p a litre from April 1."
He went on: "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 said that by Easter average petrol prices could be as high as 136p a litre, with diesel at "an unthinkable" 140p.
He told Mr Osborne: "We lament the fact that neither you nor your ministers or officials have yet involved industry in any of its changes to taxation directly affecting road fuel pricing.
"However, we remain willing and available to discuss these serious issues at any time."
- 1 James Foley 'beheaded': Isis video shows militant with British accent 'execute US journalist' – and warns Obama of more to come
- 2 ALS ice bucket challenge co-founder Corey Griffin drowns aged 27
- 3 Cilla Black defends Cliff Richard: 'I am positive that the allegations are without foundation'
- 4 Nicki Minaj finally releases predictable 'Anaconda' video
- 5 James Foley 'beheading': Met police warn public watching murder video could be criminal offence
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Crisis? What crisis? A visiting US doctor gives the NHS a rave review
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish Independence Referendum: Salmond described as 'arrogant, ambitious and dishonest' by Scottish women
£45000 per annum: Harrington Starr: Quantitative Analyst (Financial Services, ...
Negotiable: Harrington Starr: Application Support Engineer (C++, .NET, VB, Per...
Negotiable: Harrington Starr: C# .NET Software Developer (Client-Side, SQL, VB...
£40000 - £60000 per annum + Benefits + Bonus: Harrington Starr: C# Developer (...