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How Car Leasing Can Help Customers Save Fuel Prices In The Uk by Custodian API - Casino Bonus Babes
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How Car Leasing Can Help Customers Save Fuel Prices In The Uk by Custodian API

 

Truck drivers in the UK have Custodian API staged a protest at the rising cost of diesel fuel, at the same time as speculation mounted about a government rethink on road tax for older vehicles.

Hundreds of HGV drivers protested in London and a two-mile line of lorries crawled along the M4 towards Cardiff. To put this into context two miles of lorries amounts to around 400 lorries.

Haulage companies and owner operators say that diesel prices topping 130p a litre, plus the planned 2p fuel tax rise, will drive companies and owner operators out of business. In some areas diesel is closer to £1.40 a litre.

Meanwhile, government ministers said Alistair Darling was “listening” to fears over plans to raise vehicle excise duty. Well Darling the British public are approaching the point of revolt over fuel costs and yet all the UK Government can do is “listen” and state that they “understand”. Today on the 29th of May 2008 Gordon Brown, the UK prime minister met with oil chiefs in Scotland to tell them to find cheaper sources of oil and to increase production. This is most definitely the pot calling the kettle black. Mr Brown is merely creating a smokescreen and a scapegoat for the UK having some of the highest fuel prices in the world. What he conveniently forgets is that close to 65% of the cost of a litre of fuel in the UK is actually tax, taxes implemented and enforced by Mr Brown’s government. Perhaps MR Brown should stop pointing the finger at others as three fingers always point back. There is a great site on the net called www.petrolprices.com, have a look there for more information on how much of the cost of your fuel is actually tax. How high does the price of a litre of fuel have to go before the people say NO?

2007 Fuel Tax Figures

2007 fuel duty (as of 1 October 2007) in the United Kingdom is:

  • 50.35 pence per litre for ultra-low sulphur unleaded petrol/diesel
  • 53.65 pence per litre for conventional unleaded petrol
  • 56.94 pence per litre for conventional diesel
  • 30.35 pence per litre for bio-diesel and bio ethanol – low tax to encourage consumer conversion
  • 16.49 pence per kg for gas other than natural gas (LPG)
  • 13.70 pence per kg for natural gas used as road fuel.
  • 9.69 pence per litre for rebated gas oil (red diesel)
  • 9.29 pence per litre for rebated fuel oil

The government is planning to increase road tax on older, more polluting vehicles, and next week the chancellor will meet Labour MPs opposed to the plan.

So far, 42 MPs have signed a Commons motion asking him to reconsider the policy on the grounds that it is retrospective and therefore “unfair” to people who have already bought their cars. Could this be a similar disaster to the 10p tax allowance abolition by the UK government?

If the proposed 2p per litre increase comes to fruition then perhaps van leasing and car leasing are the way forward for businesses and private motorists. This method of funding will cost customers around one third less compared to traditional hire purchase monthly payment. The road tax is also included in the monthly rental when you lease, this means you can ditch your old car and take a brand new one instead at what will probably be a lower overall annual cost.

Blockades On The Horizon

While the chancellor cannot control global oil prices, hauliers want an “essential user” duty rebate on fuel of between 20p and 25p a litre to ease competition with foreign haulage companies.

Mike Greene, leader of the protests in Wales, told the BBC that, unless the government agreed to the rebate within seven days, lorries would blockade refineries and ports.

Peter Carroll, from Trans-Action 2007 which organised the London protest, said he did not condone blockades, but found it “hard to condemn them”, given how much hauliers were suffering.

The BBC’s environment analyst, Roger Harrabin, said it was family-run, small and medium-sized firms that were worst hit.

He said large companies were able to raise their rates to absorb higher fuel costs and could also more easily pass on the pain of price rises to consumers.

Real Cost Of Living

More and more families are now finding it hard to make ends meet, house repossessions are at some of the highest levels ever seen. The average food shopping bill is up by around £20 per week compared to six months ago. Whilst people may see this as a direct result in fuel prices, that the haulage companies are charging more to deliver this is actually not the case. Most haulage companies are tied into contracts with the supermarkets at set prices for two-three years. So who exactly is raising the food prices? I’ll leave you to make your own mind up on that one.

‘Real crisis’

Organisers had hoped as many as 1,000 lorries would take part in the protest in London, but Peter Carroll, from Trans-Action, said the turnout was about 500. Police put the figure at 300.

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