Drivers of diesel engine cars are likely to face a hike in fuel price, according to the Petrol Retailers Association (PRA). Chairman Brian Madderson states that the association “has been informed by a well-placed parliamentary source, that the Chancellor is likely to announce a 1ppl increase to fuel duty for all diesel drivers in this week’s Autumn Budget. This would be a thinly disguised tax grab using air quality issues as justification.”
Fuel prices in the UK will rise following the devastating impact of Hurricane Harvey on the Texan coast, according to the Petrol Retailers Association. Brian Madderson, chairman of the PRA, explained that UK wholesale prices had increased immediately as the storm hit the region.
It did not take long for various sectors of the automotive industry and aftermarket to voice their reactions to the Queen’s speech at the opening of Parliament on Wednesday. One such reaction came from Brian Madderson, Chairman of The Petrol Retailers Association (PRA). He said: “The PRA has raised concerns directed at the government’s announcement that large retailers and motorway service areas (MSA) will be required to install electric charge points”.
On 28 February, the Petrol Retailers Association (PRA) raised the issue of the Rural Fuel Duty Rebate Scheme at a meeting with HM Treasury and HMRC. Brian Madderson, PRA chairman, met with Humza Yousaf MSP, minister for transport policy and the islands, for discussions when visiting the Scottish Government in Edinburgh.
The Petrol Retailers Association has argued that a cut in fuel duty would help the UK economy tackle the twin challenges of a weaker pound and a stronger oil price. “A fuel duty cut will provide a reassuring boost to businesses and consumers alike”, said chairman Brian Madderson, in a letter to the chancellor following a recent meeting with Treasury officials.
With over £5 billion year higher costs to consumer from rapidly rising fuel costs, Brian Madderson, Chairman of the Petrol Retailers Association (PRA) has again written to the chancellor of the exchequer to state the overwhelming case for a three pence per litre cut in duty in his Autumn Statement.
“The double impact of the pound weakening against US$ and global oil prices strengthening will cause pump prices to move sharply upwards,“ said Brian Madderson, chairman of the Petrol Retailers Association (PRA).
March diesel sales were up by 7.9 per cent, petrol sales up by a surprising 5.6 per cent and overall sales including commercial up by 7.0 per cent versus same month last year. “Latest Government data suggests that increased economic activity and cheaper prices had a significant impact on the demand for fuel in the month to 14 March”, said Brian Madderson, chairman of the Petrol Retailers Association.
Petrol retailers across the UK are doing everything in their power to hold down pump prices as the summer driving season continues after the Easter holidays, said the Petrol Retailers Association (PRA).
Petrol retailers’ chief Brian Madderson has called on the chancellor to “keep fuel duty down” in this month’s Budget. Five years ago, the chancellor froze fuel duty, a move the PRA said led to “more goods being purchased and more people being hired.” The PRA has long lobbied for either frozen or reduced fuel duty on the basis that this helps to increase business and consumer spending.
The Petrol Retailers’ Association has welcomed the chancellor’s Budget announcement that fuel duty will be frozen, while expressing disappointment that there was no cut. Brian Madderson, chairman of the Petrol Retailers Association comments: “The PRA has been lobbying Government and the Treasury on the subject of fuel duty, so it is good news to hear the chancellor’s announcement.
After persistent lobbying from the Petrol Retailers Association (PRA), HM Revenue & Customs (HMRC) published a consultation document on 17 June regarding the reimbursement of duty on petrol subject to vapour recovery, Brian Madderson, PRA chairman comments.
The Petrol Retailers Association (PRA) has raised their concerns following news that a UK police force has declared that driving away from a petrol station without paying for fuel is no longer considered a crime. Devon and Cornwall Police said it would not investigate such incidents unless there was obvious proof of criminal intent – such as false number plates – and the force has blamed government cuts for the decision.