EU tax bid approval could see isles’ fuel prices cut

The EU Commission has approved a UK bid for a fuel duty derogation that could see petrol and diesel prices in the isles cut by 5p per litre.

In response to the news, Northern Isles MP Alistair Carmichael said: “This is the single most important step on the road towards reducing the cost of petrol and diesel in the isles.

“I am delighted that we have got this consent and hope that the remaining hoops will be a formality to jump through.

“This is Liberal Democrats delivering in government what they promised in opposition.”