By a County Press reporter
Monday, November 12, 2012
CALLS to scrap an increase in fuel duty in January have been backed by the Federation of Small Businesses.
The issue is due to be debated in the House of Commons today (Monday) and Neil Eames, deveopment manager for the FSB Wessex region which covers the Isle of Wight, said it was a concern for many of its members.
"Fuel duty is a major issue for our members and small businesses as a whole.
"The ever-increasing cost of fuel and utilities is the main cause for rising business costs for small firms.
"The FSB supports the call to cancel the 3p per litre duty increase in January and urge the chancellor George Osborne to look at this at the Autumn Statement.
"FSB research shows that 79 % of members believe their business is negatively impacted by the high cost of fuel and 62 % said they have to increase prices due to
"Keeping to the scheduled 3p per litre increase will undermine confidence and place a further burden on small firms that are critical to growth."
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