20/03/2014

No Cuts To NI Fuel Duty Criticised

Naomi Long has criticised Chancellor George Osborne after fuel duty was not cut from the Budget.

The Alliance MP made the comments after Mr Osborne delivered his speech to Parliament, during which he revealed that while a planned fuel duty rise in September would not take place, a the tariff would also not be reduced.

Ms Long has argued that a 3p cut in fuel duty would increase GDP by 0.2%, meaning a growth in the economy.

She said: "Just last week, I joined campaigners in Downing Street who presented a petition to the Government calling for a cut in fuel duty. Given that nearly 1,000 of my own constituents signed the petition online, it is disappointing the Chancellor did not take the opportunity today to take action and make a stand on this issue.

"It is well known Northern Ireland has among the highest fuel prices in Europe, with estimates that we're paying around 1.5p above the national average. There is a clear danger the lack of a cut on fuel duty could directly lead to an increase on the price of everyday items, as retailers try to recover the increased costs of transporting goods.

"Therefore it is of vital importance that we see a cut in fuel duty in the immediate future, before the economic competitiveness of Northern Ireland is severely damaged and the budgets of ordinary people are strained even more than they already are during the current economic climate."

(JP/MH)

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