Dear Chief Secretary to the Treasury,
I'm afraid to tell you there's no money left.
Signed, Liam Byrne

(Outgoing Labour Chief Secretary to the Treasury. May 2010)

Tuesday, 22 June 2010


It would seem that people are expecting a steep rise in either fuel duty or VAT - queues at the local garage, and 'empty' signs attached to most of the pumps.


Captain Ranty said...

Panic buying!

And there is no increase.


Catosays said...

Sadly, the VAT increase will mean an increase in petrol prices....from next January. However there is an increase in fuel duty due in of Labour's legacies.

Mrs Rigby said...

Yep, everything'll go up in January, but at least the increased personal tax allowance will help a bit.

Wonder if he'll do anything to defer or even cancel that increase in fuel duty? Hope so.