Quintin
07-05-2005, 11:28 PM
Instead of the gov't just handing back gst to those cities that have a transit system I would like to see this happen instead with fuel costs, it's a bit fairer to motorist and is still costing the taxes
Brown brake on fuel rise
Fill it up ... prices have been frozen
FULL NEWS INDEX
MOTORISTS breathed a sigh of relief last night — after petrol prices were frozen until next year.
Chancellor Gordon Brown axed plans to implement a rise because of the sky-high price of oil.
His decision means average pump prices are now cheaper than in 1999.
But they are still 10p a litre higher than they were when Labour came to power in 1997.
Treasury minister John Healey said: “The Government will not go ahead with the planned inflation increase and will review the position again.”
Mr Brown promised in the March Budget to put the tax on a litre of petrol up from 47.10p to 48.22p in September.
But oil prices have soared to $60 per barrel and there is little hope of a fall.
Mr Brown’s decision means petrol duties will have been frozen for two years by next year’s March Budget.
The move will cost £100million in lost taxes in the short term — and a total of £335million by next March. The Society of Motor Manufacturers and Traders said: “This is good news for consumers.”
PLANS for road tolls to charge truckers for every mile they drive were last night postponed by ministers for 10 YEARS.
Brown brake on fuel rise
Fill it up ... prices have been frozen
FULL NEWS INDEX
MOTORISTS breathed a sigh of relief last night — after petrol prices were frozen until next year.
Chancellor Gordon Brown axed plans to implement a rise because of the sky-high price of oil.
His decision means average pump prices are now cheaper than in 1999.
But they are still 10p a litre higher than they were when Labour came to power in 1997.
Treasury minister John Healey said: “The Government will not go ahead with the planned inflation increase and will review the position again.”
Mr Brown promised in the March Budget to put the tax on a litre of petrol up from 47.10p to 48.22p in September.
But oil prices have soared to $60 per barrel and there is little hope of a fall.
Mr Brown’s decision means petrol duties will have been frozen for two years by next year’s March Budget.
The move will cost £100million in lost taxes in the short term — and a total of £335million by next March. The Society of Motor Manufacturers and Traders said: “This is good news for consumers.”
PLANS for road tolls to charge truckers for every mile they drive were last night postponed by ministers for 10 YEARS.