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 inflation and new jobs will not be compromised, with added benefits of more VAT, income and corporation tax revenue too. Hard working Brits will be relieved, but he should have been braver and cut duty for even more benefits to the economy. But that would be churlish to complain today, FairFuelUK is hugely grateful to maybe the next Prime Minister and his sensible actions today.'




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