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Follow on Google News | A Merry Christmas for the British motorist – and a less prosperous New Year for the Exchequer!By: Certas Energy “We expect pump prices in some areas to drop below a £1 a litre for both petrol and diesel and that is very good news for motorists at a time of peak travel on our roads,” says MacDonald. “However, beware the bearer of false gifts. Independent petrol retailers work on margins of just a few pence, whilst the Government currently takes 70% of the cost of a litre of fuel in taxes. Falling oil prices mean lower revenues for the Exchequer and you can be sure that George Osborne will look to recoup this shortfall through taxation of some sort in the New Year.” ENDS For further information please contact: Polygon Marketing Email: martin@polygon.uk.com Phone: 01242 511 012 End
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