Tuesday, 20 March 2012

A loan may be needed to pay for our commuting

British households spend 14 per cent of their income on transport.

According to the RAC Foundation, in fact, 21million households spend more than 10 per cent of their income on private and public transport for their commuting and have no option other than to go to work.

It has been calculated that while the lowest-earning households pay out 9 per cent, the highest-earning spend a total of 15.5 per cent.

Keeping a car on the road is highly expensive and the director of the RAC Foundation Prof Glaister urged chancellor George Osborne to help motorists by reviewing the rate of the fuel duty of the next UK budget tomorrow, March 21, 2012.

Meanwhile train commuters are worried for their future as transport secretary Justine Greening is planning to extend peak hours and introduce ‘super-peak’ rates at the busiest times.

The RTM Union called the plan ‘a recipe for exploitation’ that would ‘rob passengers blind’.

Without a doubt, transport is currently the single biggest expense for the average household in UK.


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