Via Steve’s blog, which has sourced its information in turn from Better Transport, I am reminded that the fuel tax has, in percentage terms, not been so low since 1993. Fuel tax goes down

Even though I am reminded elsewhere elsewhere that VAT is payable on fuel, it appears that the VAT element actually serves to stabilise fuel prices.

I thought it would be handy to find out quite how the rise in cost of a litre of fuel has compared with inflation as a whole over the last twenty years or so. Do my readers (for I now know there are two of you) know?



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