Thursday, 26 June 2008

The government has been urged to use the rise in tax revenues from

The government has been urged to use the rise in tax revenues from North Sea oil to cut fuel duty. The Federation of Small Businesses said arecent poll indicated that the soaring cost of oil is now hampering the ability of many small firms to grow and develop. One way of softening the impact of the extra costs on small businesses would be to introduce a link between increases in oil tax revenue and a corresponding reduction infuel duty, the FSB argued [more].

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