Home Uncategorized Lobbying insurance firms help sway the budget

Lobbying insurance firms help sway the budget

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Welsh broker Moorhouse has been praised for its part in a lobbying effort by FairFuelUK prior to the budget, which saw the Government postpone inflation linked fuel rises for nine months.

Moorhouse, via its Constructaquote.com brand, sponsored the FairFuelUK campaign and collected over 10% of the signatures on a petition that was delivered to Downing Street. The petition, which had 150,000 signatures in total, is being hailed as a success as proposals in it were implemented in the budget. The campaign was also sponsored by insurance broker Optin, which is 40% owned by Moorhouse.

Peter Carroll, founder of the FairFuelUK campaign said: “The campaign has achieved a great deal in its continuing objective to realise affordable levels of fuel prices at the pumps.  The fuel escalator is scrapped, the inflation linked rise has been deferred for nine months and we saw an unexpected 1p cut in the rate of duty.  This cut is nowhere near enough, but it is hugely symbolic and represents a very significant change in direction by the Government.”

The campaign is ongoing and continues to attracted strong public support with more signing the campaign’s on-line petition each day.

Carroll continued: “We are particularly grateful for the significant help of Optin Insurance and Constructaquote.com.  These businesses have demonstrated their commitment to the industry they serve [having] swung behind the FairFuelUK campaign almost as soon as it was launched and we couldn’t have achieved this initial success without them.”

Lyndon Wood, chairman of Moorhouse and Constructaquote.com said: “This is a great result as the petition helped to clearly demonstrate the strength of public feeling about this issue to the Treasury. This campaign was and continues to be a great opportunity to give practical support to our driver/haulage customers by getting behind the campaign to halt runaway fuel prices.  UK SME’s are really feeling the strain at the moment and more than ever need support from those prepared to step up as business champions.”

Source : Moorhouse Press Release

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