all Sign has brought up the rocketing cost of fuel constantly asking why it should be so highly taxed. Now HM official opposition, the Conservative party has released figures that they claim show the motorist will be hit twice:
1. By the rocketing price of crude oil and...
2. By Gordon Brown's plans to increase the tax on fuel further at the next Budget. The anticipated tax hike would bring the price of petrol to more than £3.70 a gallon.

Shadow Transport Minister Bernard Jenkin MP explained to Call Sign:
   "Labour can no longer hide their stealth taxes on petrol and diesel. The price of oil is hitting everyone across the world, but Britain is the only country that pays so much in fuel tax. By 2003, the £4 gallon will be a reality if prices continue to increase. This is bad for motorists and bad for business. The pre-tax UK price of crude oil is no different from other EU countries - even with the current boom - but once the Chancellor's tax is added on, our fuel prices are rocketing 

FUEL ROW

THE CONSERVATIVE PARTY VIEW

ahead."
   Mr Jenkin went on to say: "Gordon Brown has raised fuel taxes three times since May 1997 and he is now taking £6 billion more from the motorist than when Labour came to power. Motorists are fed up with Labour's vendetta against them. They will vote with their wheels at the next election."
   Call Sign disagrees with Mr Jenkin's assumption of 2003 bringing the £4 gallon. We
estimate that it could be here by mid 2001 unless there is a change of policy.

The following figures showing EU fuel/tax comparisons are based on exchange rates as of January 17th 2000. Bear in mind that there can be differing qualities of fuel and marketing practices. As such, the figures can only be used as a guide. However, there can be little doubt as to which EU country has the highest fuel taxes levied...

Source: EU Weekly Oil Bulletin.

Petrol Prices and Taxes

 

 

 

EU Members, 14 February 2000

 

 

 

 

 

 

 

 

 

Pump price

Taxes and duties

Pre-tax price

 

per litre

per litre

% of pump price

per litre

 

 

 

 

 

Belgium

£0.61

£0.42

69%

£0.19

Denmark

£0.65

£0.45

70%

£0.20

Germany

£0.60

£0.43

72%

£0.17

Greece

£0.45

£0.25

56%

£0.20

Spain

£0.48

£0.30

62%

£0.18

France

£0.64

£0.48

74%

£0.17

Ireland

£0.52

£0.32

63%

£0.19

Italy

£0.63

£0.43

68%

£0.20

Luxembourg

£0.47

£0.28

59%

£0.19

Netherlands

£0.68

£0.47

69%

£0.21

Austria

£0.55

£0.35

63%

£0.20

Portugal

£0.50

£0.25

51%

£0.25

Finland

£0.67

£0.47

70%

£0.20

Sweden

£0.65

£0.46

70%

£0.20

United Kingdom

£0.75

£0.58

78%

£0.17

 

 

 

 

 

EU average

£0.64

£0.46

72%

£0.18

All prices in litres 

Dial-a-Cab Football

By Lee Morland

The Dial-a-Cab football team keeps going from strength to strength and is currently tucked into third place in the 18-team league.
   Their match against Kleinwort Rangers on February 3rd was postponed as Kleinwort found themselves short of players. 
   However, the following week 

saw us back in action and in the  unfortunate position of having to ‘stuff’ our account client Deutschebank – ‘stuff’ being the appropriate word as we knocked seven goals past their hapless keeper. We allowed them to score three goals, which we left for them at their London Wall entrance!
   Friday February 18th saw Jago try their luck and as a mark of 
respect to Deutschebank, we knocked in even more than the  previous match running out 8-3 winners with goalscoring machine Trevor Smith (V78) bagging another seven goals to add to his amazing tally.

Lee Morland

Lunchtime Corporate League Table (as of February 24th):
Top 5 P W D L F A Pts

CWB

16

15

1

0

114

33

46

Broadgate Celtics

16

14

1

1

130

23

43

Dial-a-Cab

15

13

1

1

85

33

40

Kleinwort Rangers

15

11

0

4

104

47

33

Bafana Bafana

16

9

2

5

118

89

29


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