Tag Archives: cebr


Saturday, March 5, 2016

Conclusive findings from a new CEBR Report commissioned by FairFuelUK clearly show the substantial shock that lower fuel prices have on average households in the UK. It shows any increase in fuel duty planned by the Chancellor in the Budget will set the economy back significantly. The current rate of duty, already the highest in the EU, is above the tax revenue maximising rate, subsequently there are few arguments that can be made for the return of a duty escalator in this Parliament. This punishing levy should instead, be cut to create more growth tax revenue to the Exchequer.

 

CEBR Summary  

  1. Across ...

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Friday, November 20, 2015


FairFuelUK CEBR Report - Low Fuel Prices Add £11.6 Billion to Economy


A groundbreaking report published this week by the Centre for Economic and Business Research confirms that the lower petrol and diesel prices of 2015 have raised UK GDP by 0.6%, created an extra £11.6 billion of economic activity, 121,000 jobs and boosted government tax revenues. The research also shows that raising duty on diesel or increasing VED on diesel vehicles would cost businesses and families £9.3 billion across the current Parliament.
 
The historic research, commissioned by FairFuelUK, shows that the low oil and fuel forecourt prices seen this year have increased business investment, ...

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Wednesday, August 29, 2012

FAIRFUELUK URGES UK GOVT TO FOLLOW FRENCH LEAD AND CUT FUEL TAXES TO BOOST ECONOMIC GROWTH


The RAC backed national FairFuelUK campaign has continually called for a cut in fuel duty to stimulate the UK economy and is now repeating this call on the UK Government to follow France in cutting petrol & diesel prices and drive our nation into growth.

  

The French government has today announced extensive measures to lower the price of fuel which has reached a record 1.46 euros. (£1.15). President, Francois Hollande, will work with fuel suppliers to bring an immediate reduction of 6 ...


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Tuesday, June 26, 2012

As political pressure builds in Westminster to see the 3p August Fuel Duty rise scrapped, Peter Carroll, founder of FairFuelUK met with Chief Secretary to the Treasury Danny Alexander MP in Westminster yesterday, 25th June.

 

Peter Carroll said, ‘I am grateful to Tessa Munt, MP for Wells and long standing supporter of FairFuelUK for her help in arranging this important meeting. I took the opportunity to personally present Mr Alexander with a copy of our research showing that the planned 3p rise would do more harm than good in terms of overall tax revenues. I was able to leave him in ...


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Sunday, June 10, 2012

China's price-control body, the NDRC, is reducing petrol and diesel prices by 5% from Saturday.

The second cut in a month reflects sharp falls in world crude oil prices. On Thursday, China's central bank cut the cost of borrowing for the first time for four years amid fears of a sharp economic slowdown. Many fear the world's second biggest economy is faltering, and economic data for May, due to be released on 9 June, is expected to be disappointing.

If China is using lowering the price of fuel to stimulate economic growth, then why can't the the UK Govt see this too. Economic growth means more tax revenue ...


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• China • fuel prices • petrol • diesel • oil prices • CEBR 

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Wednesday, February 29, 2012

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