FairFuelUK (FFUK) co-founder Howard Cox has said he is “absolutely disgusted” with the Labour Party’s apparent disinterest in the issue of fuel prices, after a fringe event on the subject held at the Labour Party conference in Manchester attracted just a handful of attendants. FFUK spent around £4,000 – including paying over £2,600 to Labour itself – to send five delegates to the conference and hold the fringe meeting, which was chaired by FFUK spokesman and motoring journalist Quentin […]
The haulage industry gave a warm welcome this week to reports that prime minister Boris Johnson is planning to cut fuel duty for the first time in nine years.
The industry has welcomed the prime minister’s pledge to look at finding a way to avoid any more fuel duty rises during the current parliament.
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 […]