Oil tax 'won't raise fuel prices' says Danny Alexander

Name: Oil tax 'won't raise fuel prices' says Danny Alexander
Uploaded: 2011-03-24T04:00:43.000Z
Description: Chief Secretary to the Treasury Danny Alexander denies the windfall tax on the North Sea oil producers could be passed on to motorists as higher fuel prices

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The windfall tax on North Sea oil producers announced in the Budget will not be passed on to motorists as higher fuel prices, says Chief Secretary to the Treasury Danny Alexander.

He made the comments while being interviewed by BBC Newsnight's Jeremy Paxman.

Europe

24 March 2011