Tiger
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Registered: 12th Jun 01
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http://www.dailymail.co.uk/news/article-1239325/Petrol-rise-15p-litre-Government-raises-taxes-motorists-pay-massive-debts.html
Motorists are being warned to brace themselves for a 15p a litre increase in petrol that will push up pump prices to record highs.
It will see the cost of a litre of unleaded soar from 108p to 123p - or nearly £5.60 a gallon.
Petrol will rise by 5p a litre by the spring and a further 5p by the autumn as the cash-strapped Government raises taxes from motorists to pay off its massive debts, said the Petrol Retailers' Association.
Among the tax changes planned or predicted are increases in VAT and fuel duty, the ending of the duty incentive to refiners for the production of biofuel, and tax increases in a snap post-election Budget.
Petrol pumps
Among the tax changes planned or predicted are increases in VAT and fuel duty, the ending of the duty incentive to refiners for the production of biofuel, and tax increases in a snap post-election Budget
On top of the tax rises, Britain's 33million motorists are also likely to face rises of up to 5p a litre due to increases in market costs.
Taken together that will mean a 15p rise in the cost of a litre of petrol - equivalent to 68p a gallon. Diesel will rise from 110p to 125p a litre 'setting new record highs', said the PRA which represents 6,000 of the UK's 9,000 filling stations.
Unleaded hit a record 119.7p a litre in July 2008 after oil peaked at around US $147 a barrel. It is currently trading at around $79 a barrel.
More...
* The worst decade: Why even the Major years were better than Labour's Noughties
* How to cut your petrol costs (thisismoney.co.uk)
The tight profit margins for retailers would force up to 750 filling stations to close this year - 50 per cent above the recent rate of about 500 a year - hitting many rural sites on which country dwellers depend.
The PRA - part of the Retail Motor Industry Federation - said in its report that Government tax rises would account for the lion's share of the rises through the following measures:
* The Chancellor announced in his pre budget report on December 9 2009 that VAT will be increased back to its original rate of 17.5 per cent on January 1, 2010: 'This rise will equate to an increase of approximately 2.5p per litre at current fuel prices.'
* On April 1, 2010, the Government is committed to increase fuel duty in line with inflation along with a 1p per litre rise: 'If we assume zero inflation on April 1, there will therefore be an increase of 1p per litre.'
* On April 1, 2010, the Government is also withdrawing its duty incentive to refiners for the production of biofuel:'The resulting duty increase will therefore be passed on to consumers in the form of a 1p per litre rise at the pumps.'
The PRA report adds: 'Any new Government will need to raise taxation and the prospect of VAT increasing to 20 per cent has already been mooted by the City. This alone would add a further 2.5p per litre to the price of fuel.
'There is also the possibility of a snap budget post election which could lead to a fuel duty hike of 2p per litre in the autumn.'
'With all of these duty and VAT factors considered, this will equate to a 5p per litre increase in fuel prices by the beginning of April 2010 with the possibility of up to a 10p per litre rise solely from UK taxation by the fourth quarter of 2010.'
Brian Madderson, chairman of the Petrol Retailers' Association, which represents 6,000 of the UK's 9,000 filling stations, said: 'The Government is desperate for cash and motorists are an easy tax target. It will mean motorists paying record levels for their fuel.
'So brace yourselves for higher fuel costs ahead. 2009 has been a tough year for consumers and we are looking at an even tougher year ahead.'
The AA revealed recently how motorists are facing a postcode lottery of petrol prices - with drivers living farthest from a price-cutting supermarket paying up to 5p a litre more.
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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Unleaded hit a record 119.7p a litre in July 2008 after oil peaked at around US $147 a barrel. It is currently trading at around $79 a barrel.
So why the fuck are paying more for fuel when the price of a barrel is so low compared to when we were paying high prices due to high per barrel prices?
[Edited on 30-12-2009 by Tiger]
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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People forget that the country is in masses of debt the Government owe Billions if not nearly trillions of pounds, hence why they need to tear the arse out of everything on tax.
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jamied
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Registered: 27th Oct 03
Location: Marbella,Spain Drives: C63
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only in the uk... people just put up with it.
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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quote:
Originally posted by fro-dizzle
People forget that the country is in masses of debt the Government owe Billions if not nearly trillions of pounds, hence why they need to tear the arse out of everything on tax.
Why the fuck should we cover the governments short fallings and mistake?
Its about the time they grew up, took responsibility for their actions and maybe sell some assets. For a start, some of the billions of pounds worth of gold and land the Virginia company own (which in turn is owned by the Royal Family)
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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quote:
Originally posted by Tiger
quote:
Originally posted by fro-dizzle
People forget that the country is in masses of debt the Government owe Billions if not nearly trillions of pounds, hence why they need to tear the arse out of everything on tax.
Why the fuck should we cover the governments short fallings and mistake?
Its about the time they grew up, took responsibility for their actions and maybe sell some assets. For a start, some of the billions of pounds worth of gold and land the Virginia company own (which in turn is owned by the Royal Family)
Gordon brown sold all the gold in the B of E at a ridiculous price. think it was earlier this year.
Royal family should sell the crown jewels tbh. But they dont gaf about us as it doesnt affect them.
[Edited on 30-12-2009 by fro-dizzle]
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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The royal family can start with their assets then which would be a start:
Art collection - pounds 1bn;
Jewellery - pounds 130m;
Crown Estate - pounds 700m;
Duchy of Cornwall - pounds 195m;
Other property or assets - pounds 160m.
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AndyKent
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Registered: 3rd Sep 05
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Written by the Daily Mail.
Must be true then.
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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What must be true? That theres going to be a tax rise?
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Tiger
The royal family can start with their assets then which would be a start:
Art collection - pounds 1bn;
Jewellery - pounds 130m;
Crown Estate - pounds 700m;
Duchy of Cornwall - pounds 195m;
Other property or assets - pounds 160m.
Yup, and then we can just wave bye bye to the tourist money it all attracts.
Selling that is a drop in the ocean int he grand scheme of things, tax and cut backs are the only ways to claw the amount needed back.
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Ben G
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Registered: 12th Jan 07
Location: Essex
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great.
no one will do anything though.
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Rob_Lee
Banned
Registered: 9th Dec 05
Location: Folkestone Drives: Nova 1.6 16v
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Cunts... that is all!
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Neo
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Registered: 20th Feb 07
Location: Essex
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Great so not only does the uk lack jobs, charge rediculous amounts of tax on everything we earn and buy, give us very little interest in return for what we give them but also will now rip our pockets apart for us to actually get to work
Fucking Cunts
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Nic Barnes
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Registered: 5th Apr 04
Location: nowhere near ginger people
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lets start a facebook campaign. it worked for rage against the machine.
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P1CK4D
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Registered: 19th Jun 06
Location: Around Essex Somewhere
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quote:
Originally posted by Nic Barnes
lets start a facebook campaign. it worked for rage against the machine.
Agreed
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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What, get "UK rip off government" song to Number 1?
Better get writing then eh 
[Edited on 30-12-2009 by Tiger]
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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The last decade has been Britain's weakest period of economic expansion of any ten-year period since the 1940s, according to the research based on figures from the Office for National Statistics.
Labour lovers say the Tories were worse, the Thatcher years etc.....proofs in the pudding.
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deanmcreynolds26
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Registered: 15th Sep 03
Location: E46 //M3
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this really pisses me off fuel rises to cover all these fuck ups of the big bankers.. whilst they have mad a complete balls of the financial community we the people bail them out through the government and we see no return for it except you will need to pay more money for fuel...
if only there was something we could really do to bring down fuel prices..
think america are paying about $3 per gallon and they think they have it hard.. try living in the uk and see how long you keep your V8 trucks for 
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ed
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Registered: 10th Sep 03
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quote:
Originally posted by jamied
only in the uk... people just put up with it.
Prices are the same on the continent.
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Tiger
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Registered: 12th Jun 01
Location: Leicestershire Drives:Astra VXR
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quote:
Originally posted by deanmcreynolds26
if only there was something we could really do to bring down fuel prices..
There is, don't buy fuel, unfortunately though, we all rely on it.
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Gary
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Registered: 22nd Nov 06
Location: West Yorkshire
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TDi FTW. Bring on the veg oil!
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Nic Barnes
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Registered: 5th Apr 04
Location: nowhere near ginger people
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i blame the scene crew needing more fuel due to camber.
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Twiggy
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Registered: 15th Oct 04
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Lets all buy our fuel from one place and then all the other oil companys will lower there prices to attract busines!
Ohh wait!
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Doug
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Registered: 8th Oct 03
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Daily Mail.
I refuse to click the link!
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pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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15p lol.
It's going up 2p tomorrow night and 2p in April
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