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Autumn Budget Statement

Summary of all the relevant motoring news from Chancellor George Osborne's Autumn Statement

George Osborne Budget

29th November 2011

George Osborne has made his 2011 Autumn Statement on the UK Budget. Among talk of limited growth for the overall economy, the risk of the UK being pulled into the Eurozone crisis and credit incentives for small businesses, the Chancellor made the following announcements which affect motorists:

• National Infrastructure Plan comprises 500 projects to upgrade the UK's infrastructure, including roads, rail and communications.

• Road schemes mentioned so far include a new link road from Manchester to Crewe, halving of tolls on the Humber Bridge, improvements to the A45, A43, A454, M1 and M6 in the Midlands, improvements to Bristol's link to the M4 and the construction of the A380 Bristol bypass, upgrading of the A14 in East Anglia, an evaluation of a new Thames crossing to complement the Dartford Crossing, and an upgrade to the M4 into Wales.

• Research and development tax credits will give a boost to UK vehicle manufacturing.

• January's 3ppl fuel duty rise has been scrapped, and August's planned 5ppl duty rise will be adjusted to a 3ppl rise.

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3 Comments

January's 3ppl fuel duty rise has been scrapped, and August's planned 5ppl duty rise will be adjusted to a 3ppl rise.

By danielcrawford on 30 November, 2011, 12:22pm

Autumn Budget Statement

George Osborne has made his 2011 Autumn Statement.
He has "NO IDEA" how the real world live, it seems no government does.
Putting the price of fuel up Killed the economy early under the last government IMO, and this lot are still intend on following the same tack.
Pushing GREEN has killed the motor industry to a large extent, manufacturers are concentrating more on production of "The Electric Box" which in tern 'Reduces Fuel Tax" by less being bought!!!, They have Shot themselves in the foot but can't see it.
They are still maintaining the mentality of high fuel cost per litre, forgetting everything is transported by ROAD!!.
I think at the moment this government are loosing Tax on some 1.7 Million gallons NOT being bought due the Price.
This will only increase as the squeeze sets in next year.
My question ............... Where will will the lost Tax be recovered from???????
Watch this space.


By john550i on 1 December, 2011, 9:58am

Politicians are not intelligent people

They are politicians because they have the kind of personalities that excel in pretending they're looking out for the interests of the country when in reality they're only looking out for themselves or what their position can be exploited for.

Their policies prove their inadequacy in being able to solve problems or consider the consequences of their actions.

This country will never get back on its feet whilst we have people of this calibre making a career in politics.

By gavsmit on 1 December, 2011, 3:21pm

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