F&I Management & Training

Fuel duty increase - hold off to help petrol retailers 'With both oil prices and interest rates on the rise, the Government must postpone the fuel duty increase scheduled for 1 October, or risk putting undue financial strain on motorists and petrol retailers alike,' according to Ray Holloway, director of the RMI Petrol Retailers Association (PRA). The upcoming two-pence-per-litre increase was announced in March as part of the Budget, but deferred until the autumn. Duty has already increased twice in the last ten months, with increases that coincided with the Pre-Budget Report in December 2006, and with the Budget in March 2007.

DATED: 19.09.07

FEED: AW