Budget Questions
Budget Questions
Budget Questions
As we are all aware, the emergency budget last week kicked up controversy up and down the country, and people were horrified to hear the consensus on important issues that will certainly affect us. George Osborne hit motorists in the country harder than the rest of the population, with rising VAT costs from 17.5 percent to a massive twenty, which will be applied when we buy fuel on the petrol station forecourts. Luckily, there is no current expectancy for fuel costs to rise again, but when they do, road users may have to find alternative travel options if they cannot afford the bump.
The additional two and a half percent will also affect people buying new cars, as well as having them serviced and MOT'd, for example, the ford fiesta, a n English favourite, will rise four hundred pounds when purchasing new.
The chancellor did suggest however, that the impact that oil prices have on the costs we pay for fuel may be studied to see if they can stabilise this cost for British drivers. There is also the matter of the liberal democrat proposal for a rebate in rural areas, both of which are due to be considered shortly.
The department id transport is under fire, as all of the departments are set to have a twenty five percent decrease to level up government spending and try to readdress the massive deficit that the country is in. With this cut on the horizon, the roads will most likely return to the disarray of snowy Britain.
If you are a road user, make sure you save yourself money by going online to purchase your Car Insurance. Cheap policies are easy to set up here, and it will leave extra pennies for the petrol!
http://www.articlesbase.com/cars-articles/budget-questions-2801177.html
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