PM looks to stabilise fuel

first_imgWednesday 5 January 2011 9:30 pm Tags: NULL KCS-content whatsapp SHARP fluctuations in the price of fuel could be brought to an end under plans being considered by David Cameron.The Prime Minister is looking at pegging fuel tax to oil prices in an effort to ease fuel pump prices for consumers.Cameron had previously proposed a “fair fuel stabiliser” when his party was in opposition three years ago, sparking criticisms from Labour over its costing as well as being denounced by the Lib Dem’s Vince Cable.Speaking at a Caterpillar plant in Leicester yesterday, the PM said the recent rise in oil prices, compounded by the 2.5 per cent VAT increase, had been “painful and difficult” for motorists. He said he was “working with the Treasury” to look at ways in which the government could “share the risk of higher fuel prices with the consumer.” Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Share PM looks to stabilise fuel whatsapplast_img read more

Read More »