I always said VED could move sharply with increments
of £1 when a given trend is established.
I agree now the next target is £13.
Some also forget easily VED output is mainly swallowed within India.
India GDP is planned to grow at 10%+ in the next 5 years
to catch up with China.
A budget of more than $350 billions for the next 7 years
to develop basic infrastructures such as highways, railways
and energy networks is already voted.
These infrastructures are of course basis ressources hungry.