The FTA met with the Treasury last Thursday (5 February) to discuss the real effect the plummeting cost of oil was having on the freight transport sector. Despite lower oil prices benefitting hauliers “to an extent”, the FTA said most operators are not seeing the 53% fall in bulk prices passed on to them because fuel duty, at 57.95ppl, is negating these savings. It added that because oil is traded in dollars, the weaker pound also dampened the effect. However, […]
The FTA is calling for the government to switch the logistics industry’s Apprenticeship Levy payments to a Skills Levy so firms can retrain staff in new roles rather than make them redundant.
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.
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, […]