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Transcripts for BBCNEWS Breakfast 20220322 06:20:00

and coach operators. the rac says it would welcome a cut in fuel duty or vat but that a vat reduction might have a bigger impact. we desperately need the chancellor to take action to help drivers and businesses up and down the country. that s probably most likely going to be by fuel duty, but cutting vat would also be extremely beneficial. vat, of course, is very much a tax on a tax, because it s charged at the end of the transaction at the forecourt, on top of 58p per litre fuel duty which in turn brings in 27 billion for the government. vat then is added at the end on top of delivery, compounding that at the moment in a situation where there are very much higher prices at wholesale level. this issue isn t going away. we understand that shell is reconsidering its decision to withdraw from the cambo oil field 75 miles off the west coast of shetland. a sign ofjust how worried they are about their supply long term.

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Transcripts for BBCNEWS BBC News 20220323 14:41:00

impact all members. 1&5 chilled food distribution which will impact all members. chilled food distribution which will impact all members. as you say, you not the impact all members. as you say, you got the fuel impact all members. as you say, you got the fuel duty impact all members. as you say, you got the fuel duty cut, impact all members. as you say, you got the fuel duty cut, it impact all members. as you say, you got the fuel duty cut, it is impact all members. as you say, you got the fuel duty cut, it is 5p - impact all members. as you say, you got the fuel duty cut, it is 5p a - got the fuel duty cut, it is 5p a litre but given how much petrol and diesel has gone up so much of late and is likely to again, how significant is the impact of that cut really going to be? exactly, lets say it cut really going to be? exactly, lets say it is cut really going to be? exactly, lets say it is welcome, - cut really going to be? exactly, lets say it is welcome, to - cut really g

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