25 November, 2008

UK: Petrol Prices

I am happy to pass on a message from the excellent www.petrolprices.com reminding us that whilst VAT has been reduced by 2.5%, petrol duty in this budget has gone up by 2p, thus cancelling it out.

Of course the reduction in VAT is temporary but the petrol duty hike will not be.

Without the taxes a litre of fuel would be 25p

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