Automotive Industry Digest

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Politics and regulation

The PRA continues urging the Chancellor to cut fuel duty

Global energy prices are still volatile due to the ongoing crisis in Ukraine, unduly impacting consumers at the same time as cost-of-living increases.

The PRA is calling on the Chancellor to follow the example of other European countries and cut fuel duty to shield consumers from international events.

The Republic of Ireland (ROI) has cut fuel duty, putting forecourts in Northern Ireland (NI) at a competitive disadvantage as motorists and fleet operators cross the border to fill their tanks.

Gordon Balmer, Executive Director of the PRA has said:

“It is crucial that the Government takes steps to reduce the burden of energy prices on consumers. Government inaction is now impacting our members in NI, who are unable to match the prices of their counterparts across the border. We strongly urge the Chancellor to follow the example of other European countries and cut fuel duty.”

*Article Source www.rmif.co.uk

Automotive Industry Digest

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