The chancellor Philip Hammond has frozen fuel duty, the HGV Road User Levy and vehicle excise duty (VED) in today’s budget but had little to offer in regards to tackling the UK’s chronic congestion. In a statement striking a balance between strong growth and the future challenge of Brexit, Hammond revealed that the Office for Budget Responsibility (OBR) had upgraded GDP growth from 1.4% to 2%. However, the OBR says this will fall to 1.6% in 2018. Here’s a snapshot […]
More than half the spending on England’s transport network is going to London with the imbalance set to get worse, according to a report by Institute for Public Policy Research (IPPR).
Fuel duty will be frozen for the next 12 months, revealed Chancellor George Osborne in today’s Budget 2014, despite industry calls for a much-needed reduction.
Rates pressure, diesel prices and lorry road user levy revenues are among the points the RHA wants the chancellor to consider ahead of the Budget (20 March).