The FTA has welcomed the freeze in fuel duty announced by the chancellor George Osborne in today’s Budget, but believes he missed an opportunity to boost the economy by not cutting it. James Hookham, FTA managing director of policy and communications, said: “The chancellor has kept his promise to freeze fuel duty and industry will be £187m a year better off for that. “But he missed the opportunity to stimulate the economy further by reducing fuel duty and putting around […]
Continued devolution in the UK will “drive nothing but cost and confusion” for the haulage industry, according to RHA chief executive Richard Burnett.
The chancellor has held fuel duty in today’s Autumn Statement meaning no rise for a fifth year running but could have gone further, according to FairFuelUK (FFUK).
FairFuelUK (FFUK) has warned chancellor George Osborne that ending the five-year freeze on fuel duty in the Budget this Wednesday (16 March) would slow down UK economic growth.