LOCAL MP Mike Weir has added his voice to a campaign calling for a cut in fuel tax in the forthcoming budget.
He met with motoring journalist Quentin Willson who took his Fairfuel UK team to the House of Commons last week to garner support for the move.
Mr Weir said he was please to give the campaign his support due to the impact that rising petrol and diesel prices are having in rural areas such as Angus.
He said: “The high cost of fuel is hurting hard working families in Angus who are already being pressed by the rocketing prices of domestic energy and food, whilst wages are, at best, stagnant.
“A rural area such as Angus gets a double whammy since there is no realistic alternative to road transport so costs both for bringing goods in and transporting goods out of Angus hit both consumers and local businesses. There is nothing green about destroying local economies but there is a real danger of that being done if prices of fuel continue to rise.
“The SNP have long called for a fuel duty regulator to stabilise prices and allow for long term planning by families and businesses.”
Mr Willson also highlighted the detrimental effect of rising fuel costs and said that a “significant cut” in fuel duty would help to stimulate the economy.
He said: “Families and businesses are struggling under the dead weight of paying 80p per litre in combined VAT and fuel duty. This is hurting families, damaging businesses and holding back growth. Our research shows that high fuel costs are the nation’s number one financial priority.
“The Chancellor needs to be bold and cut fuel duty in his budget. A significant cut in fuel duty will give the economy the kick start it needs. Much of the perceived loss in revenue will be made up by the tax take from the resultant economic growth. With sterling’s recent fall and rising oil prices the approaching spectre of diesel at £1.60 litre is a nightmare this country simply can’t face.”
Fairfuel UK’s research can be found online at www.fairfueluk.com/niesr_report.html and www.fairfueluk.com/cebr.html.