FUEL DUTY DEFERMENT
Discussion
I DONT KNOW IF WE SHOULD BE GRATEFUL FOR THE FUEL DUTY DEFERMENT OR ANGRY THAT THE GOVT WOULD EVEN CONSIDER PUTTING MORE PRESSURE ON US AT THE PUMPS.
EVERY 1P ON FUEL EQUATES TO AROUND £500m FOR THE GOVT. WHEN THE LAST BUDGET HIKES WERE ANNOUNCED THE PRICE OF FUEL WAS AROUND 90-100P PER LITRE. THE GOVT IS NOW ATLEAST £5BN BETTER OF PER YEAR THAN IT EXPECTED TO BE, SO HOW IT CAN CLAIM TO BE £1BN DOWN BY THIS DEFERMENT IS NONSENSICAL.
IF I WERE THE GOVERNMENT I WOULD BE MORE WORRIED ABOUT THE COSTS OF A FULL BLOWN RECESSION AND THE GENERAL SLOW DOWN IN THE ECONOMY, NOT TO MENTION INFLATION.
EVERY 1P ON FUEL EQUATES TO AROUND £500m FOR THE GOVT. WHEN THE LAST BUDGET HIKES WERE ANNOUNCED THE PRICE OF FUEL WAS AROUND 90-100P PER LITRE. THE GOVT IS NOW ATLEAST £5BN BETTER OF PER YEAR THAN IT EXPECTED TO BE, SO HOW IT CAN CLAIM TO BE £1BN DOWN BY THIS DEFERMENT IS NONSENSICAL.
IF I WERE THE GOVERNMENT I WOULD BE MORE WORRIED ABOUT THE COSTS OF A FULL BLOWN RECESSION AND THE GENERAL SLOW DOWN IN THE ECONOMY, NOT TO MENTION INFLATION.
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