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 The budget announcement that fuel duty would only be increased by 1p per litre (plus VAT of course, and only for a few months before the next rise kicks in), implied that road users should somehow be grateful for this moderation.
However, with petrol prices at an all-time high - despite the cost of crude being lower than than the last peak (when oil was trading at $147 per barrel) - motorists will not be feeling much in the way of gratitude.
UK fuel taxes are back at the top in EU and World terms. The road network is clogged and pot-holed roads are causing expensive repair bills.
What a rip-off!
What is the solution?
If firms are to trade us back to solvency and salvage the pound so it can buy more dollars to fund crude oil purchases, a decent road network is the pre-requisite for the generation and distribution of wealth.
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Road Users Want a Better Deal |
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The Government collects £47 billion a year from British motorists. This is among the highest taxation in Europe yet our Government continues to deliver the worst road network with the most severe congestion in Europe.
The last decade has seen car numbers in Britain increase by five million and all licensed vehicles by 24%. Since the 1980s our EU competitors’ motorways have grown five times faster than the UK’s, and over this time our major road network has scarcely changed at all, increasing by only 434kms (270 miles).
The unsurprising result is more traffic jams, higher costs for industry, longer commuting and other journeys and, of course, more greenhouse gasses from those queuing vehicles. While roads account for 92% of passenger travel most of Government spending has been on rail.
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