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Scrap the 3p fuel rise - Sign up here


Steve

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Dear Mr Holyoake,

Thank you for your email and for letting me know of your concerns about the cost of fuel. I know that we have been in touch about this issue before.

I know all too well how much fuel prices are affecting families and businesses. However, I did notice some good news for motorists in the Burton Mail, which has reported that a price war between supermarkets in Burton and has led to petrol prices being cut 2p a litre for unleaded petrol and diesel. You can read the Burton Mail’s coverage of the story by clicking on this link:

http://www.burtonmail.co.uk/News/Asda-price-cuts-spark-another-fuel-battle-10052012.htm

You mention the upcoming Finance Bill in your email. At the moment, it is too early to know if Stewart Hosie MP’s amendment will be selected for debate in the House of Commons, and I think it is best to wait and see what measures come to the House before deciding on how to vote.

However, I think it is important to say that the Government has listened to people’s concerns about fuel costs and has already taken firm action back to help hard pressed motorists this year. Under the previous Government’s plans, fuel duty was due to rise twice this year. In his Autumn Statement, the Chancellor scrapped the second planned increase and delayed the first increase until August. Despite the huge deficit we inherited and against a tough global economic background, the Government cut fuel duty by 1 pence per litre last year and announced the introduction of a new Fair Fuel Stabiliser that ensures North Sea oil companies contribute more at times of high oil prices.

In all, the Government’s help for motorists amounts to more than £4.5 billion in support. Thanks to these measures, fuel prices will be 10 pence per litre lower as of April 2012 and the steps Ministers have taken means families will save £144 on filling up the average sized family car by the end of the year. In addition, the Chancellor has increased Vehicle Excise Duty by inflation only in this year’s Budget.

I know that, despite these significant reductions, there is still a lot of pressure on families and businesses. The UK is spending over £120 million every day on debt interest payments alone and our priority must be to restore the nation’s finances. Tackling the debts we inherited from Labour will also keep interest rates lower, helping businesses and families with mortgages. Without dealing with this, there can be no sustainable economic growth. I have no doubt that when the economy is back on track, the Government will be able to offer more to hard-pressed motorists.

Yours sincerely,

Andrew Griffiths MP

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