PHH calls for Government inquiry into cost of fuel in UK
26/06/1998 in NEWS
The call comes following figures from Esso which show that British fleets are paying the highest prices in Europe, despite the fact that when taxes are excluded the actual cost of the fuel is the lowest. Two weeks ago truckers called for equal fuel duty across the EU with a 40mph protest along the northbound M6 to try to get their message across to the Government.
Mark Morgan, PHH product marketing manager - fuel, said: 'With UK pump prices a ludicrous 23.1p per litre more than Spain, PHH believes the Government should order an immediate inquiry into its policy for UK fuel duty imposition and that motorists should lobby their MPs to get the matter discussed at the highest level.' He believes the Government's 'short termist' approach to raising revenue through loading fuel duty way over EU averages could seriously slow long term UK domestic growth.