FairFuelUK (FFUK) is calling for an investigation into the UK fuel market. FFUK wants the Office of Fair Trading (OFT) to take the issue on, after a report commissioned for G20 Finance Ministers warned oil traders may have been artificially inflating wholesale prices. It also wants the financial regulators to look at whether traders and speculators have, in the style of the banks and the Libor rate, “fiddled” the benchmark trading price for oil. In a statement the campaign group […]
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.
Government plans to build a £250m lorry park in Kent to prevent delays caused by Operation Stack have been criticised by the Transport Committee, which described the decision as “rushed” and called for more research into its cost and impact.
The Transport Committee is seeking operators’ views on the future of UK road freight, ahead of a public evidence session on 3 July. The select committee, which recently found that London’s councils were unable to provide detail about Olympics enforcement policy, wants written evidence submitted by 27 June. Areas of debate include the government’s approach to road freight and the strategic road network; fuel prices; theft and security issues, including how to tackle truck crime; winter resilience; drivers’ hours rules […]