This is a good news day folks, the hard pressed driver gets a break, the Chancellor of the Exchequer Mr George Osborne has taken 1p of the cost of petrol, also he has suspended the Labour Escalator till 2015, thus an expected 5p hike has seen a tax cut for the hard pressed driver. Lets be honest folks, the price of petrol is driven by international events, if Saudi Arabia goes up in smoke then expect a mighty hike in petrol prices, but so far this is a good move by the Coalition Government. Grade 10/10 for wise economic moves and political effect, Labour under Ed Miliband didn’t really have a answer, things are looking up for the Coalition.
Wednesday, March 23, 2011
Cutting Petrol TAX - 1p & Throwing out Labour TAX Hikes
This is a good news day folks, the hard pressed driver gets a break, the Chancellor of the Exchequer Mr George Osborne has taken 1p of the cost of petrol, also he has suspended the Labour Escalator till 2015, thus an expected 5p hike has seen a tax cut for the hard pressed driver. Lets be honest folks, the price of petrol is driven by international events, if Saudi Arabia goes up in smoke then expect a mighty hike in petrol prices, but so far this is a good move by the Coalition Government. Grade 10/10 for wise economic moves and political effect, Labour under Ed Miliband didn’t really have a answer, things are looking up for the Coalition.
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