Alistair Darling - What would you like to do to him?
UK treasury coffers have swelled by more than £2 billion above expectations over the last six months thanks to the boom in oil prices, yet chancellor Alistair Darling still plans to increase fuel duty by 2 pence on April 1.
Figures from the British Chamber of Commerce reveal that the Government has generated an extra £1.7 billion in taxes and VAT from North Sea oil and gas companies along with a further £481 million from its 2p increase in fuel duty last October.
Last week oil prices hit an all time high, peaking at nearly over $104 per barrel, pouring even more money into the treasury but Mr Darling is still sticking by his plan to add 2p to the price of fuel.
Figures from the British Chamber of Commerce reveal that the Government has generated an extra £1.7 billion in taxes and VAT from North Sea oil and gas companies along with a further £481 million from its 2p increase in fuel duty last October.
Last week oil prices hit an all time high, peaking at nearly over $104 per barrel, pouring even more money into the treasury but Mr Darling is still sticking by his plan to add 2p to the price of fuel.