Hundreds of MPs and the campaign team FairFuelUK have called for a 3p cut in fuel duty, telling the Chancellor that 'such a cut has been proven will benefit the economy and the Exchequer'.
MPs, together with representatives from FairFuelUK, Freight Transport Association and Road Haulage Association, have today delivered a letter to George Osborne calling for the fuel duty cut.
The letter contained the results from last week’s FairFuelUK survey which shows 75% of drivers said they want a real cut in duty with 92.4% supporting a cut or, as only a last resort, to continue Osborne's freeze in this levy.
Howard Cox, founder of the FairFuelUK campaign, said: “The Chancellor knows very well through our extensive empirical evidence that cutting fuel duty is proven to accelerate growth in GDP, it also creates more jobs, helps inflation, increases consumer spending and business investment.
"These benefits have been acknowledged by the Treasury itself plus economic experts such as NIESR, CEBR, IMF and the Bank of England.
"In fact, in April 2014 the Treasury said that low fuel duty actually helps the wider economy and that GDP will rise by 0.5% by not enacting Labour’s previously planned fuel duty escalators, giving drivers more to spend.
"It’s no coincidence the current economic renaissance is as a result of the recent sustained period of lower pump prices.”
Nick Simpson - 09/11/2015 11:19
The trouble is that motorists believe they are invincible. Better built vehicles and vehicles thinking for drivers is slowly removing the need for drivers to think and some times even participate. Over a 30 year career in road transport I have seen police forces and manufacturers make too many incorrect presumptions then go away and construct statistics to suit their aims. There is no doubt in my mind that while vehicle technology gets better and better driving skills of drivers are worse than they ever have been. Common sense is no longer a part of the equasion and that is where the danger lay!