FairFuelUK (FFUK) has backed Robert Halfon MP’s efforts to introduce legislation to provide a breakdown of the amount of tax paid on fuel receipts. Halfon, founder of the PetrolPromise.com campaign, will make his case for this transparency in the Houses of Commons on 16 October, under the ten-minute rule motion. FFUK supported Halfon’s recent appearance in the house, when he called on the Office of Fair Trading (OFT) to investigate the UK oil sector. Quentin Willson, national spokesman for FairFuelUK, […]
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 […]
FairFuelUK (FFUK) joined forces with fifty MPs yesterday to present an independent economic report to the Treasury, which argues that cutting fuel duty will boost the haulage industry and the wider economy.
The continuing rise in internet shopping and an increase in the carriage of hi-tech and high-value goods helped members of the Association of Pallet Networks (APN) deliver a strong performance in 2015.