FABIANI PRAISES LAUNCH OF FUEL REGULATOR PETITION

Linda Fabiani MSP for East Kilbride has praised the launch of a petition supporting introduction of a Fuel Duty Regulator as figures published by the European Commission show the proportion of tax levied on fuel by the UK Treasury is the highest amongst all EU members at 57.4% for unleaded and 55.8% for diesel. Tax expressed as a percentage of the pre-tax price is also the highest in the EU: 134.9% for unleaded and 126.3% for diesel.

Linda warned that soaring fuel prices were holding back economic recovery and called on the UK Government to recognise how its road fuel taxes are impacting on the transport industry, including bus services and fares, as well as hauliers and households.

Linda said:

“The country is crying out for action on soaring fuel prices, and the UK Government must take action.

“In East Kilbride, we are all feeling the effects of the rocketing price for fuel.  Local businesses, taxi drivers, commuters and hard working families have all expressed their concerns to me.

“The SNP have consistently called for the introduction of a fuel duty regulator, and this petition will add to the voices from industry that are demanding action.

“As well as being common sense, it is fair for Scotland, given that we pay among the highest fuel prices in Europe even as Scottish oil revenues surge into the UK Exchequer.

“With record North Sea oil and gas revenues flowing to the Treasury, we need to see some of that money used to bring fuel prices down – and to keep them stable – through a fuel duty regulator.

“If Westminster will not act, the powers should be passed to the Scottish Parliament so that it can.  If Scotland had control of fuel duty, the SNP government would introduce a fuel duty regulator to lower prices now.”

 

 

ENDS

 

NOTES

 

1. The petition preamble is as follows:

 

We support the introduction of a Fuel Duty Regulator to reduce the

excessive tax levied on fuel by the UK Government and call on the

Chancellor to recognise how the highest road fuel taxes in Europe are

impacting on the transport industry, including bus services and fares,

as well as hauliers and households.

 

And petition can be accessed here: http://www.change.org/petitions/uk-government-i-support-the-introduction-of-a-fuel-duty-regulator

 

 

 

 

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