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The Guardian - UK
The Guardian - UK
Business
Guy Clapperton

IoD demands fuel duty cuts

The Institute of Directors has become the first organisation to demand cuts in fuel duty to safeguard its members' businesses, says The Times. Other people sending me releases over the last few days - the Federation of Small Business sent something highlighting the danger to business and the Forum for Private Business warned that fuel blockades would hurt business more than Government - may think "first to demand cuts" is more to do with semantics than with what's actually going on.

Meanwhile Gordon Brown is calling on Opec to produce more oil to keep the price down - this would be the Opec that will make a lot more money if the price goes up, I gather. The Daily Mail and others are saying petrol may be rationed to control demand, although you might think rising prices would put the cap on excessive use just as efficiently.

Obviously we'll keep you posted - and anyone who has concerns for their business under a regime of rising costs is welcome to comment here.

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