The Government's Plan to Scrap Fuel Duty is Welcomed by Car Finance Experts Car Loan 4U

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The UK’s leading car finance website Car Loan 4U welcomes the news that the government will not go ahead with the proposed three pence per litre rise in fuel duty.

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Not only will this benefit road users, but also the country and the economy. The chancellor has made the right decision to remove the extra cost on motorists who are already under pressure with high fuel prices.

Chancellor George Osborne has announced plans to scrap the planed rise in fuel duty, which would have come into effect in August 2012.*

UK motorists who are already struggling to cover costs with the high price of petrol will welcome the news.

The government has announced that fuel duty will be frozen for the rest of the year following plans to raise fuel duty in the 2012 Budget earlier this year.

A number of motoring campaigns such as FairFuelUK** have been lobbying the government to stop a rise in fuel duty increases.

Leading car finance specialists, Car Loan 4U, could help motorists to get their hands on new vehicles this summer with affordable and cheap car finance.

Ryan Dignan, Car Loan 4U Co-Director, comments:

“Car Loan 4U is pleased to hear that the government has listened to motorists by freezing fuel duty for another year.

“Not only will this benefit road users, but also the country and the economy. The chancellor has made the right decision to remove the extra cost on motorists who are already under pressure with high fuel prices.

“The move could not have come at a better time as millions of drivers are about to take off on summer holidays. This will help to ease the financial burden that motorists across the country have to bare.

“Now motorists can focus on new car deals and enjoy driving in new vehicles without the pressure of high additional costs.

Affordable car loans from Car Loan 4U are available for both new and used cars with rates starting from just 7.9% APR.

For your car finance needs, visit: http://www.carloan4u.co.uk.
Twitter: @carloan4u
Facebook: http://www.facebook.com/carloan4u

Notes to editors

  • Source: U-Turn As Fuel Duty Frozen For The Year 27/06/12

http://news.sky.com/story/952910/u-turn-as-fuel-duty-frozen-for-the-year
** Source : A big than you to FairFuelUK supporters
http://www.fairfueluk.com/quentins_blog.php?entry_id=1340749321&title=a-big-thank-you-to-fairfueluk-supporters

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Ryan Dignan
Carloan4U.co.uk
01625 619 944 Ext: Ext. 7800
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