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

MacDonald warns against fuel duty hike

04 March, 2016

The March Budget could signal the end of lower pump prices if Chancellor George Osborne decides to raise petrol and diesel taxes after failing to keep a lid on government borrowing.

Thatís the prediction of Ramsay MacDonald, retail director of Certas Energy, who urges him to look elsewhere to balance his books.

ďWith the economic recovery so fragile, any hike in fuel prices will hit motorists and businesses hard and further weaken confidence. The Government already takes 70% of the cost of a litre of fuel in taxes while independent petrol retailers work on margins of just a few pence. Itís an easy target for the chancellor but economically irresponsible.Ē

Certas Energy supplies fuels to over 1,200 service stations including 500 Gulf branded forecourts and is one of the largest fuel and lubricant distributors in Britain, supplying six billion litres of fuel to domestic, commercial, agricultural and industrial customers each year.

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Weekly retail fuel prices: 4 November 2019
RegionDieselLPGSuper ULUL
East Midlands130.73139.73126.64
North East129.5562.90137.10125.31
North West129.9963.90138.40126.48
Northern Ireland128.05133.57124.33
South East131.4566.90139.66127.42
South West130.7674.90137.94126.68
West Midlands130.4059.90137.63126.57
Yorkshire & Humber130.02139.47126.29

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