PRA BUDGET COMMENT - FUEL DUTY FREEZE

Published 08/07/2015 00:00:00 in Press Releases

The Petrol Retailers’ Association welcomes the Chancellors announcement in today’s budget to freeze fuel duty.

Brian Madderson, Chairman of the Petrol Retailers Association comments, “The PRA has been lobbying Government and the Treasury on the subject of fuel duty, so it is good news to hear the Chancellor’s announcement.

“However, the PRA feels disappointed that the Chancellor has ignored both ours and many other motoring organisations pleas to cut duty by at least 2ppl. This would be a positive move which would boost the economy and improve household expenditure.

“While oil prices are expected to stay low, the oil market is notoriously hard to predict so there is always the chance that fuel prices will be considerably higher by the time of the Budget in March 2016 and any increase in duty would therefore have a negative effect on the economy.”

 

ENDS

NOTES TO EDITORS:

Rupal Rawal, Press Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk Email: rupal.rawal@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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