Fuel duty will be hiked by 2% from September, and 1% above indexation every year for the next four years.
According to David Shepard, Federation of Small Businesses, Devon Policy Chairman: “The additional costs of the fuel escalator increase in September, and annually thereafter, will hit the rural economy far harder than any other sector, and this is worst affected part of the economy.”
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Political strategy needed to show that Britain is still great for business, says Richard Thomas
"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message.