actually what exactly should we see fuel price at the pump go down by if duty is down 1p?
http://www.thisismoney.co.uk/petrol-bills-calculator
at 1p a litre saving at the pumps will see me save £5.46/y
actually what exactly should we see fuel price at the pump go down by if duty is down 1p?
http://www.thisismoney.co.uk/petrol-bills-calculator
at 1p a litre saving at the pumps will see me save £5.46/y
bargain .. WTF you complaining about
Sort out the economy and the dollar to pound ratio will reduce the cost of fuel :-) That's where the concentration should be .. sorting our economy out.
Riding my bike is saving me about £5 a day (for each day I cycle) in fuel money. Can't believe I'm doing it, but tough times.
Doesn't do much to disprove the view that we're a nation of moaners.
Agreed- BUT, most people are gonna just think 'whatever, it'll increase by more than 1p next week anyway' so it won't affect anyones confidence in the amount of free cash they have to spend. I'm quite surprised they didn't introduce some sort of cap on fuel prices just to boost peoples confidence that they'll still be able to afford to get to work in 6months time...
Its laughable when you look at how little difference these fuel prices really make compared to the fuss they create though, if they knocked 30p off a litre I'd only be saving £10 per week, and thats driving a 20mpg V8 BMW
Imagine the outburst if they had decided to increase it by 1p though.
Oh noes!
12000 miles a year @ 25mpg.
Fuel cost of 38.9p a litre is made up of
Total (per year) - £3030.91
Duty - £1264.52
VAT - £505.15
Actual cost of fuel: £1261.24
reduce the fuel duty by 1 pence and I say 42p a week.
I save £17 a year. Thats enough to buy me 13 litres of fuel lol
That's exactly what they're doing though, hence the cuts enforced last year.
Without sounding rude, I don't think you quite know what you're moaning about, if you do you're not exactly willing to say what it is for some reason?