Patrick McLoughlin will remain in the role of secretary of state for transport as part of the new Conservative government, it has been confirmed. The announcement came as the reappointed prime minister David Cameron reshuffled the cabinet for his coming term in office, following his election victory last week. McLoughlin, who was voted back into the Derbyshire Dales seat in last week’s election with 52% of the constituency’s votes, was first appointed to the role in 2012. He made news […]
Treasury minister Danny Alexander has pledged to review FairFuelUK’s (FFUK) economic report, which shows that the planned 3ppl duty rise in January will result in 35,000 job losses and reduce GDP growth by 0.1%. During a landmark meeting yesterday (29 October) with FFUK and its major backers the FTA and RHA, the chief secretary to the Treasury made a firm commitment to look closely at the Impact of fuel duty on the macro-economy report, produced by the National Institute for […]
The founder of campaign group PetrolPromise has expressed his disappointment after the Office of Fair Trading (OFT) decided against launching an investigation into the UK petrol and diesel market. Campaign founder Robert Halfon, MP for Harlow, said: “I am grateful to the OFT for their work. But it is disappointing that they will not hold a full inquiry. For example, they admit that there is a problem with poor competition in many towns but they are not taking action.” “Government […]
More than 50 MPs are calling on the chancellor to cut fuel duty, warning that the haulage industry faces “severe damage” if fuel duty rises in line with RPI next April.