Retail consortium attacks fuel duty rises plan

Retailers have led calls to scrap the fuel duty increase planned for January but that will not be enough, the British Retail Consortium (BRC) has said.

Responding to an e-petition signed by more than 100,000 people and due to be debated in Parliament, the BRC said the Government should drop the 3.02 pence per litre increase planned for January but also the rise planned for next August.

That second increase would be based on September’s RPI which reached a 20 year high of 5.6 per cent. The two rises combined would mean duty increases totalling between seven and eight pence per litre.

The BRC wrote to Chancellor George Osborne last month calling for both 2012 increases to be abandoned in his Autumn Statement to help households and businesses who have already seen fuel, and other costs, increase substantially.

British Retail Consortium director general Stephen Robertson said: "Fuel price rises do double damage. More rises would eat further into customers’ budgets leaving them even less money to spend on the things they need and want. Plus retailers themselves will pay more to get goods to their shops, making it harder for them to keep shop prices down.

"With consumer spending and retail job numbers dropping, rebuilding the confidence of customers to spend and retailers to return to investing and creating jobs has to be the Chancellor’s priority.

"Giving businesses and households a clear signal that he will forego the two fuel duty increases planned for next year would be a valuable boost, particularly in the run up to Christmas. No-one can afford to pay more for fuel."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Is local 'reveg' a commercial opportunity in the UK?

Is local 'reveg' a commercial opportunity in the UK?

Botanist Dr Trevor Dines suggests there are commercial opportunities for local seed supply in the UK.

What next for Bunnings UK after massive write-down?

What next for Bunnings UK after massive write-down?

Australian analysts suggest Wesfarmers could pull out of the UK following the continued woes of Bunnings/Homebase UK & Ireland, but is there a way forward for the 250-store DIY/garden centre group?

Business planning - cash-flow management

Business planning - cash-flow management

Wider market volatility can have a big impact on cash flow but there are ways to avoid problems, Neville Stein explains.

Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs

Horticulture Week Top 100 GARDEN CENTRES 2017

See our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Peter Seabrook

Inspiration and insight from travels around the horticultural world

Read more Peter Seabrook articles

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation

Read latest articles


Free to subscribers, the essential guide for professional plant buyers

Download your copy