Forecourt Trader - 30 years at the heart of the fuel retailing community

PRA welcome for the ‘velvet’ Budget

01 April, 2005
Page 5 
Fuel prices are likely to remain volatile during the spring, so the Chancellor Gordon Brown’s decision to freeze fuel duty levels until September is a wise one – especially with a general election on the horizon – according to Ray Holloway, director of the Petrol Retailer’s Association, commenting on last month’s Budget.
In the Budget, the Chancellor announced that fuel duty levels would be unchanged. He plans to review the situation in September. “The Chancellor has donned velvet gloves for this Budget,” said Holloway. “But regardless of who wins in May, there will be a post-general election budget, and then all bets will be off.”Meanwhile Tom Fidell, director general of the LPG Association, believes the government demonstrated its long-term commitment to LPG in the Budget. “In an endorsement of the environmental advantages, especially air quality in urban areas, the chancellor announced a continuation of the existing differential arrangement in the fuel duty between LPG and petrol/diesel through to 2008. “This means that the price of LPG at the pumps will continue at around half the price of petrol and diesel for the foreseeable future.”



My Account

You are not logged in.
  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 18 September 2017
RegionDieselLPGSuper ULUL
East120.75128.55119.84
East Midlands120.29128.81119.63
London120.7558.57130.05119.82
North East120.2059.90129.98119.40
North West120.52128.62119.81
Northern Ireland119.2369.90126.85119.03
Scotland120.60128.18119.75
South East121.03130.63120.24
South West120.75129.31119.96
Wales120.35127.44119.57
West Midlands120.4262.90130.69119.84
Yorkshire & Humber120.1971.90128.67119.59

Most read

Are you relieved that as a consequence of the 2015 Modern Slavery Act, rogue hand car washing operations are now being targeted by the authorities as one of the prime sources of human trafficking and are being shut down?