A new study by the UK’s leading discount website looking into public reaction to the Budget announcements made last week has found that almost two thirds of drivers think the 1p fuel duty cut ‘isn’t enough.’
The UK’s leading discount website has conducted a poll of more than 1,000 people to help gauge the general reaction of the British public to the Budget announcements that were made on Wednesday of last week. Although the Chancellor announced a Fuel Duty cut of 1p, 62% of UK drivers said it ‘isn’t enough.’
www.MyVoucherCodes.co.uk conducted the poll in a bid to find out how members of the public felt about various elements of the Budget announcements, made last week. 1,721 people took part in the poll, each of whom was aged 18 and over and held a full UK driving license.
When asked, ‘How do you feel about the 1p Fuel Duty cut announced in the Budget?’ 62% of respondents said it ‘isn’t enough.’ These respondents were then asked ‘In an ideal world, what would you consider to be a reasonable amount to pay for fuel, per litre?’ The majority said they’d like to see the amount back down to ‘£1 per litre.’
The respondents were asked if the cost of fuel had ever meant that they were forced to use their car less, to which just under one in ten, 9%, answered ‘yes.’ When asked to predict what the cost of fuel would be in 5 years time, the majority, 54%, thought it would be ‘around £3 per litre.’
On the contrary, 11% of the people polled said they ‘barely noticed’ when the cost of fuel went up. Similarly, 28% said they hadn’t seen much of a difference from the fuel duty cuts.
The poll by MyVoucherCodes.co.uk also revealed an increase in the number of drivers turning to public transport to save money, with 14% claiming to have used buses, trains and tubes more this year than they did previously, in order to spend less money.
Mark Pearson, chairman of MyVoucherCodes.co.uk, commented on the findings:
“We thought it would be good to get a bit of an insight into how the Budget announcements had affected consumers and what they thought about the Chancellor’s decisions. It’s interesting that even though we were half expecting a rise in fuel duty but instead received a cut, people still think it’s not enough; and quite rightfully so, in my opinion.”
“Driving is expensive enough when you take into account things like MOTs, tax discs, servicing and general maintenance, so it would be good to see more of a drop in fuel. Unfortunately, it’s not always possible and rising costs are something people have to adapt to. A good way to do so is by cutting back in other areas of life using things like voucher codes and deals, leaving more money to spend elsewhere.”
For more information, contact Shannon Haigh of 10 Yetis Public Relations Agency on email@example.com or 01452 348211.
Mark Pearson, chairman of MyVoucherCodes is a regular media contributor regarding online shopping and the credit crunch. At 30, his personal worth is more than £30 million. Mark was previously a trainee chef working for Gordon Ramsay at Claridges, London.
Mark appeared as a ‘Secret Millionaire’ in the series on Channel 4, in which he donated £115,000 of his own money to worthy causes.
MyVoucherCodes has had sales exceeding £481m in the last year
Consumer savings on online shopping via MyVoucherCodes.co.uk up from £28m in 2008 to £52m in 2009.
MyVoucherCodes is the UK’s most popular discount site.