Given the state of the nations finances; I'm sorry but I can't get excited by a 1.7 or 1.25% increase (over 400/600 respectively). It grieves me that the money raised by VED is not spent on the roads, but again that is simply a function of how public services are funded. I have long wondered why VED is not scrapped and the money raised directly through an increase in fuel duty. A plausible if not 'the' answer lies in the fact that fuel prices are included in the official inflation figures so the govt won't take the hit on that or risk the implications to the financial markets, albeit only a one off increase. Maybe now with the recent drop in fuel prices this could be a good time to do it?
