The Chancellor turned his back on the road transport industry in the Budget, announcing August’s 3.02ppl increase in fuel duty will stay. MT takes a look at the economic case against this decision. The price of bulk diesel has climbed 18.9% in the past 18 months, to reach a record high of 117ppl. Meanwhile, companies have continued to go to the wall, with Hull-based AR Lunn the latest failure. Predictably, rising fuel costs were a main reason why 115 employees […]
Fuel duty will remain frozen this year, announced Chancellor of the Exchequer George Osborne in his Summer Budget this afternoon, following speculation that it would be increased.
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.
Palletline is backing the FairFuelUK (FFUK) campaign by sponsoring the IT infrastructure that enables FFUK to communicate with its hundreds of thousands of supporters. Kevin Buchanan, MD of Palletline, says: “We’re proud to be part of this admirable movement and the important work it is doing to force the fuel price agenda to centre stage. “Palletline has always looked out for the interests of its members and the transport industry as a whole. We believe that lower fuel duty will […]