Thursday, 21 October 2010

Fuel Prices

A few months ago I signed an online petition to get fuel costs down

Government response

The existing rates of fuel duty and the rates applicable through to January 2011 were set and legislated for by the previous Government.  Under plans the coalition Government has inherited fuel duty is scheduled to rise by one pence per litre above indexation each year thereafter until April 2014.
It is necessary to implement these increases as dealing with the budget deficit is the single greatest economic challenge this Government faces. Unavoidably, tough decisions are required, but underpinning the Government’s approach is a commitment to fairness. The Government has been clear that the burden of deficit reduction will have to be shared, but the most vulnerable in our society will be protected.