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2 Feb 2012

The Fuelcard Company is proud to have been announced as a headline sponsor of FairFuelUK and act for more than 200,000 people and thousands of businesses in the campaign for fairer fuel prices.

As world events cause the steepest rise in wholesale diesel and petrol prices the UK has ever seen and more and more motorists are forced out of their vehicles. The Fuelcard Company has joined other major sponsors, the Road Haulage Association, RAC and Freight Transport Association to champion fairer fuel prices for all UK drivers.

In the run-up to the Spring Budget on 21 March, FairFuelUK will keep pressure on the Government to cut fuel duty further to stimulate the economy and introduce reforms to ensure taxation of petrol and diesel is kept fair. In 2012, the campaign will continue its success of 2011 with the first ever National FairFuel Day scheduled for Wednesday 7th March. FairFuelUK supporters are invited to attend a mass lobby at Westminster which will allow them to exercise their rights to enter Parliament and ask to see their local MP to support cutting fuel duty.

According to the AA, motorists are now facing a further 2p a litre fuel price hike at the pumps which could take diesel prices to a new record high. And there may be more to come as petrol retailers warn that threats to international supply could push prices up further.

Motorists are already changing their driving behaviour in a big way as a direct result of soaring fuel prices. A poll by insurance broker Hastings Direct has seen nearly half of drivers reduce their weekly journeys by at least 25 miles, and one in five drivers would give up their cars altogether if prices rise above £2 a litre.

On 25 January, FairFuelUK and its ‘Big Four’ took the fuel price fight to the House of Commons and the first meeting of the All Party Parliamentary Group on Fair Fuel for Motorists and Hauliers. The group confirmed campaign aims for 2012: to cut fuel duty to stimulate the economy and reform the way in which fuel duty is charged.

The campaign has already led to Chancellor George Osborne scrapping the planned 3p fuel duty rise this month and a reduction in August’s planned fuel duty rise from 5p to 3p – to date the FairFuelUK campaign has saved motorists 9p per litre in duty (nearly 11p per litre including VAT). However, FairFuelUK has warned more must be done to protect families and businesses struggling with the high cost of petrol and diesel.

Jakes de Kock, Sales and Marketing Director at The Fuelcard Company, said: “I am very pleased to renew our commitment to supporting the FairFuelUK campaign. The plea for a fairer tax system for UK companies reliant on fuel to keep their businesses moving, is a worthy and necessary cause and impacts every consumer in the UK. The price of fuel affects UK competitiveness and raises the price of everything we buy in the shops.”

As FairFuelUK counts down to the March Budget, now is the time to make a difference and stop this fuel tax gravy train before it derails.

To support the FairFuelUK campaign and sign its petition to cut fuel duty, visit: www.fairfueluk.com
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