"The Chancellor is not only clueless about stimulating the economy but also completely insensitive to her lack of support for motorists, small businesses, and the logistics industry when they desperately need her fiscal help."
"With rocketing pump prices due to the Iranian Crisis, FairFuelUK widely predicted in March that inflation would inevitably rise by 0.3% to 3.3%. Our forecast has proven correct."
"The Treasury must wake up now and cut fuel duty, scrap the dishonest double taxation VAT on fuel duty, and announce they will stop their planned 5p increase in the Autumn Budget."
The Labour administration is criticized for its lack of support for motorists and small businesses during an economic crisis. Rising fuel prices due to the Iranian Crisis have led to increased inflation and significant extra costs for drivers. FairFuelUK forecasts have proven accurate, predicting inflation rises linked to fuel costs. The upcoming Autumn Budget is expected to reverse previous fuel duty cuts, imposing further financial burdens on drivers. Urgent action is needed to cut fuel duty and eliminate double taxation on fuel to support the economy.
Read at London Business News | Londonlovesbusiness.com
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