The chancellor has frozen fuel duty in his Autumn Statement today, meaning the scheduled rises scheduled for January and April next year will no longer take place. George Osborne gave no hint of a cut but said fuel would only see “inflation only rises” until September – effectively meaning the April 2013 increase has been deferred to 1 September 2013. PriceWaterhouseCoopers forecast the move would cost the public coffers £6bn, although research commissioned by campaign group FairFuelUK argued the planned […]
The FTA has criticised the speed of the roll-out of fully segregated cycle superhighways in London, suggesting the scheme is being rushed through to coincide with the mayoral elections in May 2016.
The PetrolPromise campaign has signed up its 70th MP in support of its push for an Office of Fair Trading (OfT) investigation into the price of fuel. Julian Smith, MP for Skipton and Ripon, becomes the 70th MP to lend his support to the campaign, which was set up by MP Robert Halfon MP. Halfon is garnering support in a bid to get the Backbench Business Committee to timetable a parliamentary debate on his motion this autumn. Halfon’s motion calls […]
What will Brexit mean for supply chains? How it will affect border crossings? What will it mean for the wider economy?