Tag Archives: george osborne


Wednesday, March 16, 2016
Quentin Willson of FairFuelUK said: 'Freezing duty for a fifth year is hugely significant. The Treasury now has five years of evidence to prove that keeping fuel duty low has helped improve GDP, stimulate economic activity and actually improve tax receipts. The Chancellor knows that low transport costs have had an enormous economic benefit to the UK over the last five years.'

Howard Cox, founder of FairFuelUK said: 'our intense lobbying and campaigning hit home to the Treasury. By not hiking fuel duty Osborne has ensured that £5bn is not taken from consumer spending in this Parliament. His decision has ensured continued growth in GDP, low ...

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Monday, February 8, 2016
The news this week that the Institute for Fiscal Studies recommends that George Osborne should raise fuel duty to keep his deficit reduction on track has got economists scratching their heads. Everybody, including The Treasury, agrees that freezing fuel duty since 2011 has brought significant benefits to the UK economy. The CEBR has calculated that low transport costs have raised GDP by 0.6%, created 121,000 jobs and created an extra £11.6 billion of economic activity. Even The Treasury has admitted that ‘freezing fuel duty benefits the economy enough to offset almost all the immediate loss of tax income and the short term gains that have ...

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Friday, January 8, 2016

When Sports Direct issues a profit warning we should all worry. The price slashing sporting goods retailer is one of the most telling barometers of both high street retail spending and general consumer mood. If people aren’t buying Mike Ashley’s incredibly cheap leisure kit then they won’t be buying much else at anything near full retail prices. They’re also likely to be spending less at weekends, doing less sport and reducing outside leisure and gym activities too. Clearly consumers are closing the hatches ready for a coming storm. Throw in all the other high street profit warnings, collapsing currencies plus stock market and commodity falls ...


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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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Tuesday, November 10, 2015
We promised you that we’d officially warn George Osborne against raising duty in the Autumn Statement and we have. This week Howard and I braved the rain and autumnal gales outside the Treasury to hand-deliver evidence supporting our argument that raising fuel duty - especially diesel - would damage the economy. Our closely argued letter shows that the UK has the highest fuel duty regime of any of the 56 countries in Continental Europe, that any increase in diesel duty would increase costs for hauliers which would be passed down the supply chain to the high street and consumers. And that could trigger higher inflation ...

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Monday, November 9, 2015
  • In the lead up to the Autumn Statement, 100’s of MPs and the award winning campaign team FairFuelUK tell the Chancellor "it’s now time that Fuel Duty is cut, not just frozen, to help increase consumer spending. Such a cut has been proven will benefit the economy and the Exchequer.”

  • Today Monday 9th November at 2pm, MP Jason McCartney with Quentin Willson (TV Motoring Journalist/Lead Campaigner for FairFuelUK) and other MPs from all Parties, together with senior executives of the FTA, and RHA and Microlise will deliver a letter to George Osborne at HM Treasury calling for a 3p cut in Fuel Duty.

  • In the letter to the Chancellor results from ...

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Monday, July 6, 2015

Please see our open letter to the Chancellor, from 1.1m Campaign Supporters, the RAC, FTA, RHA, APN and Microlise endorsed by 33 MPs listed below, regarding his Fuel Duty plans.

"FairFuelUK and the undersigned MPs from all Parties warn George Osborne that an inflation based fuel duty rise in the coming Emergency Budget or in future years will lower GDP, cost the UK £8 billion in reduced economic activity, raise inflation and sabotage one of the slowest economic recoveries this country has ever seen. Even The Treasury has said that the Government’s freeze on duty since 2011 has improved GDP by 0.5% and that ...


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Monday, June 15, 2015

Will George Osborne Increase Fuel DutyDark clouds are gathering for diesel drivers. Media attention over NOx and particulate emissions plus recent EU rulings on UK air quality have brought the damaging effects of diesel into the mainstream. And there’s a very real possibility that Westminster will use the current tide of anti-diesel sentiment as a reason to hike duty. Trouble is, over 50% of all the cars registered in the UK run on diesel and any tax increase on derv-powered cars and vans will cost consumers hundreds of millions. Not to mention the increase in costs to hauliers who rely on diesel more than anybody.


Diesel particulates ...


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Sunday, June 7, 2015
Sunday Times and the Sun report that George Osborne is to increase fuel duty in his July 8th Budget.
 
"The absolute last thing needed for our economy is for the Chancellor to destroy the hard work and confidence FairFuelUK created that showed and also endorsed by the Treasury that lower fuel prices generates jobs, lowers inflation and increases GDP. Mr Osborne’s first term rational approach to fuel duty taxation generated over £10bn of extra consumer spending power. But 98% of the 1.1m FairFuelUK supporters believe that current fuel duty levels are still too high, with 65% regrettably having no trust in Mr Osborne believing he will ...

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Wednesday, March 18, 2015
Today’s Budget is very welcome that Fuel Duty has been frozen again. FairFuelUK has campaigned relentlessly to show that lower pump prices and in particular cutting duty stimulates GDP, generates new jobs and lowers inflation. But why doesn't the Government go further and drive the UK economy continually upwards by cutting duty. It's proven that will happen. We give Mr Osborne 6 out of 10 for endeavour and will continue to campaign that duty should be frozen for the lifetime of the next Parliament with more pressure on a real cut in the Autumn Statement. The Treasury takes nearly 70% in ...

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