10314CAMPAIGNERS ANGER AT NO CHANGE IN PETROL AND DIESEL PRICES : BUDGET DISASTER
No Fuel in the tank for the British Economy?
Quentin Willson, national spokesman for FairFuelUK said, "The Government has turned its back on families and businesses all across the country. Three quarters of the electorate who want lower fuel prices. It ignores the threat of rising global oil prices – even the Saudis are trying to pull down the price of crude. And it ignores robust research we gave to the PM showing that cutting duty will create jobs, improve GDP and cost the Treasury absolutely nothing. This is a mortal wound for this Government's policies and its credibility. We showed them that cutting fuel duty by 2.5p would create 175,000 new jobs – how many jobs will be destroyed when the Government slaps 16p per gallon on in August?'
Peter Carroll, founder of FairFuelUK said,‘Diesel is at its highest price ever recorded and this failure to act is a devastating blow to families and businesses. Poll after poll has set out that this is the number one priority for the UK. Millions have people and thousands of businesses will feel ignored. We gave the Government evidence based on its own model that a cut in fuel duty would not cost it any revenue overall. Our supporters will be astonished that the Government has cut the 50p rate because ‘it damages the economy' but will not tackle fuel duty when it's crippling the economy'.
The CEBR Report that George Osborne has completely ignored showing a cut in fuel duty will generate jobs and stimulate the economy at no cost to the Treasury is available for download at www.fairfueluk.com/cebr.html