BUSINESS NEWS

Stop Fuel Duty Fiasco Says Small Business Group

The Federation of Small Businesses (FSB) is calling on the government to do a u-turn and give up plans to introduce a 2p per litre increase in fuel duty from 1 April 2008.

According to Chris Glen, FSB transport chairman:

Now is not the time for the government to be adding to their problems by increasing fuel duty. After a really tough year and several major tax increases, small businesses deserve a break.

The implication is that by avoiding an increase in fuel duty the government might be able to restore its battered reputation with SMEs. 

Personally, I think its highly unlikely Britain’s small businesses would be bought off that easily.  It’s equally unlikely that the government will consider a duty freeze for a split second.  Can’t blame the FSB for playing to its constituency though.

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