Asda announce fuel cap

lemonkettaz · 24 Sep 2012 at 18:14

Could it not increase in the same manner?

Kamerad · 24 Sep 2012 at 18:16

Paying 97 cents a litre in Germany at the moment, loving tax free British Forces fuel coupons

[TW]Fox · 24 Sep 2012 at 18:18

lemonkettaz said:
Could it not increase in the same manner?

I think we'd have bigger problems to worry about if the value of sterling sank to $1.2 : £1 and oil headed near $200 a barrel.

You can partially blame the Bank of England - ridiculous interest rates and constant QE has killed the value of our currency, helping us to import lots of fuel price inflation from overseas.

lemonkettaz · 24 Sep 2012 at 18:21

Why can't the price ever go down? I know it goes down now and again by not much but it soon increases.

Hitman_UK · 24 Sep 2012 at 18:29

There was a thing on this on watchdog because stations charging more than they needed to.

MrMoonX · 24 Sep 2012 at 18:34

wait until the government bend us over in January with a duty rise and deferred one from this year

Muffin` · 24 Sep 2012 at 18:43

MrMoonX said:
wait until the government bend us over in January with a duty rise and deferred one from this year

Those nasty Tory Toffs, Labour would see us right.

Pants · 24 Sep 2012 at 18:51

Richie said:
It's annoyed me for a while that we pay double tax on fuel. The government adds fuel duty and then VATs the whole thing so you pay VAT on Duty i.e tax on tax

Don't forget the TAX on your earnings that you had to use to pay for it. So it's more like 3x TAX. :eek:

Von Smallhausen · 24 Sep 2012 at 20:58

[TW]Fox;22833641 said:
I think we'd have bigger problems to worry about if the value of sterling sank to $1.2 : £1 and oil headed near $200 a barrel.

You can partially blame the Bank of England - ridiculous interest rates and constant QE has killed the value of our currency, helping us to import lots of fuel price inflation from overseas.

QE doesn't seem to have worked but increase rates and the UK will grind to a halt as people reign in spending even more.

Muffin` · 24 Sep 2012 at 21:00

Von Smallhausen said:
QE doesn't seem to have worked but increase rates and the UK will grind to a halt as people reign in spending even more.

I don't think QE has ever helped (no matter how much it's publicised as the solution) the general population, just businesses.

Von Smallhausen · 24 Sep 2012 at 21:03

Some argue you'd be better giving cash away to families to spend and kickstart the economy.

Muffin` · 24 Sep 2012 at 21:07

People have disposable income, they're just not spending because of the constant doom and gloom in the media. A short term fix of rebates will just hurt in the long run imo

Richie · 24 Sep 2012 at 21:08

Muffin` said:
Those nasty Tory Toffs, Labour would see us right.

It amuses me when people do this kind of thing. The poster he was replying to merely said that the government will shaft us in January with a double duty increase yet the guy I have quoted takes it as an attack on the Tories.... May the guy was just stating a fact i.e. it will be a double duty increase which would occur regardless of what party was in power :rolleyes:

[TW]Fox · 24 Sep 2012 at 21:08

Not saying it's a good idea or a bad idea but the Australian government tried the rebate thing in 2009.

Von Smallhausen · 24 Sep 2012 at 21:09

What happened ?

[TW]Fox · 24 Sep 2012 at 21:10

Richie said:
It amuses me when people do this kind of thing. The poster he was replying to merely said that the government will shaft us in January with a double duty increase yet the guy I have quoted takes it as an attack on the Tories.... May the guy was just stating a fact i.e. it will be a double duty increase which would occur regardless of what party was in power

There is no double increase - just the deferred one.

Muffin` · 24 Sep 2012 at 21:11

[TW]Fox;22834965 said:
Not saying it's a good idea or a bad idea but the Australian government tried the rebate thing in 2009.

Isn't Australia propped up by WA's mining? Much like we're propped up by the financial sector, I guess when you depend on something so much you do everything to keep it healthy.

StriderX · 24 Sep 2012 at 21:15

Von Smallhausen said:
What happened ?

Does it really matter?

The Aussie Economy is resource based, while ours is service.

Probably wont have the same effect.

Von Smallhausen · 25 Sep 2012 at 14:09

I asked and I'd like to know.

Nevakonaza · 25 Sep 2012 at 14:45

The government should make it so that every petrol station has to charge the same amount imo,They are getting too greedy and im sure some of their pumps are rigged so your not getting all your moneys worth.