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BBCNEWS World Business Report June 4, 2024 04:33:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:33:00

And because prices have risen so quickly, the government is now getting more money than before it cut fuel duty, which is why people now are calling on it to do more. motoring organisations say nearly 20% are taking fewer journeys, and those on low incomes or with no choice but to drive are being hit the hardest. the situation is really severe. so, we need the chancellor to cut duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. you are more than welc...

BBCNEWS Outside Source June 4, 2024 18:40:00 - Vimarsana News

BBCNEWS Outside Source June 4, 2024 18:40:00

Duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand—new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to be reassured. that we have the tools we need and the determination to get inflation back down - and under control. and i'm making sure that our borrowing and debt i is handled responsibly— so we don't make the situation worse...

BBCNEWS Newsday June 4, 2024 23:20:00 - Vimarsana News

BBCNEWS Newsday June 4, 2024 23:20:00

Of the petrol itself. transporting it costs 2p. the retailer takes a margin of 3p and the government adds 53p in fuel duty, recently cut from 58p, and then puts vat on the whole lot for another 30p. so 46%, nearly half, is tax, and because prices have risen so quickly, the government is now getting more money than before it cut fuel duty, which is why people now are calling on it to do more. motoring organisations say nearly 20% are taking fewer journeys, and those on low incomes or with no choice but to drive are being hit hardest. the situation is really severe. so we need the chancellor to ...

BBCNEWS BBC News at Ten June 4, 2024 21:09:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 21:09:00

Duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand—new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i'm making sure that our borrowing and debt is handled responsibly- so we don't make the situation worse and increase people's mortgage - rates, and we're doing things like increasing the supply- of energy, moving people into work, to ease some...

BBCNEWS BBC News June 4, 2024 19:14:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 19:14:00

On it to do more. motoring organisations say nearly 20% are taking fewerjourneys, and those on low incomes or with no choice but to drive are being hit hardest. the situation is really severe. so we need the chancellor to cut duty immediately by 10p per litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand—new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to...