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06 February 2012

News - Fuel price hike increases cost of sales organisation

By Ben Turner @ 08:30 :: 3287 Views :: 0 Comments :: Article Rating
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Over the coming months, the Fuelcard Company will work with FairFuelUK and other major sponsors, the Road Haulage Association, RAC and Freight Transport Association to champion fairer fuel prices for all UK drivers.

In the run-up to the Spring Budget on 21 March, FairFuelUK will keep pressure on the Government to cut fuel duty further to stimulate the economy and introduce reforms to ensure taxation of petrol and diesel is kept fair.

According to the AA, motorists are now facing a further 2p a litre fuel price hike at the pumps which could take diesel prices to a new record high. And there may be more to come as petrol retailers warn that threats to international supply could push prices even higher.

The campaign has already led to Chancellor George Osborne scrapping the planned 3p fuel duty rise this month and a reduction in Augusts’ planned fuel duty rise from 5p to 3p – to date the FairFuelUK campaign has saved motorists 9 p per litre in duty (nearly 11p per litre if including VAT). However, FairFuelUK has warned more must be done to protect families and businesses struggling with the high cost of petrol and diesel.

Jakes de Kock, Sales and Marketing Director at The Fuelcard Company, said: “I am very pleased to renew our commitment to supporting the FairFuelUK campaign. The plea for a fairer tax system for UK companies reliant on fuel to keep their businesses moving, is a worthy and necessary cause and impacts every consumer in the UK. The price of fuel affects UK competitiveness and raises the price of everything we buy in the shops.”

Quentin Willson, national spokesman for FairFuelUK, said: “We are delighted that The Fuelcard Company has increased its level of support to the campaign. They can be rightly proud of the support they gave last year.  They helped avert the significant fuel duty hikes planned for last year.  We are all looking forward to working even more closely with them in the coming months.”
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