Comment posted on Who guessed the real point of the ‘jerry can’ fuel panic? by Ian ODonnell – Web Designer
An interesting thought but VAT period ends would be different for every fuel station so not an immediate hit as you suggest. However I would suggest another reason, it was just before the end of a financial qtr where it was touch and go if we would have negative growth or not, by stimulating a petrol spending spree it could have just had the potential to keep growth positive and prevent an announcement of return to recession. In the end it appears it wasn’t quite enough though compelete financial analysis for that qtr has not yet been completed so we wait to see for definite!
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