FairFuelUK (FFUK) has secured a meeting with chief secretary to the Treasury, Danny Alexander, on Monday (29 October) to discuss the 3ppl duty rise planned for January. The meeting will include senior Treasury officials and RHA chief executive Geoff Dunning, and will focus on the findings of economic research funded by the RHA on behalf of FFUK. “Carried out by the National Institute of Economic and Social Research, the modelling shows how fuel duty impacts on growth and employment in […]
Fair Fuel UK has renewed its call for the government to cut fuel duty to spur the struggling economy, after the Bank of England slashed its UK growth forecast for 2012 to close to zero. Quentin Wilson, national spokesman for FairFuelUK, says: “Growth is paralysed so it’s time the government looked at cutting fuel duty to stimulate activity. If we spend less on fuel tax, we’ll spend more on other things.” Wilson argues fuel duty is one of the last […]
The RHA has warned that leaving the European single market and the European Union Customs Union “will inevitably add a degree of administrative cost” to UK operators and could slow down the supply chain.
Growth in haulage rates slowed almost to a halt in the first three months of the year, according to the latest figures from the Office for National Statistics (ONS). Average haulage rates grew by just 0.1% against a 2005 baseline in the first quarter of 2013, down from 0.2% during the final quarter of 2012, the latest Services Producer Price Index from the ONS has revealed.