Wednesday, September 3, 2014

FaurFuelUK supporting MP is demanding the price at the pumps be slashed to help the economy.

Shipley MP Philip Davies said a fuel duty cut would be a win-win situation for families and for the Government.

Speaking during Treasury questions in the Commons, he said: "The National Institute of Economic and Social Research (A FairFuelUK initiated economic study)  has shown a 3p cut in fuel duty would generate 70,000 new jobs, stimulate GDP by 0.2 per cent and help lower inflation.

"The Centre for Economics and Business research (A FairFuelUK initiated economic study)  said a cut would be even more beneficial to the economy and self-financing. Does the Government accept that a cut in fuel duty will be self-financing and provide a boost to the economy?”

Treasury Minister Danny Alexander said: "The Treasury has published our own analysis on fuel duty reductions which also shows the economic benefits reductions can bring."

Mr Davies has long campaigned for prices to be slashed and supports the FairFuelUK campaign. He said he would continue to push for fuel duty cuts. 

Source:  http://www.thetelegraphandargus.co.uk/news/11447405.Shipley_MP_demands_cut_in_fuel_duty/




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[ posted by john shoesmith, 03.09.14 15:16 ]

thank you folks where would we be without you As a halifax resident and business man i feel that deeper cuts even for a limited time will benefit the north in very many ways and as a result the south would benefit too.

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[ posted by Robin SEARLE, 03.09.14 19:01 ]

As a disabled driver who signed away his mobility component of Disabled Living Allowance to have access to a suitable & reliable vehicle available it would be a major benefit to be able to afford fuel for the odd pleasure trip as opposed to purely medical appointment travel!

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