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 […]
Maintain fuel duty freeze to ensure industry meets decarbonisation targets, Logistics UK tells Chancellor
If the logistics sector is to meet decarbonisation targets the government must maintain its freeze on fuel duty, Logistics UK warned this week.
Discounted fuel prices, vital management information, the ability to pay for extra services such as tolls and overnight accommodation – fuel cards already play an important part in many operators’ businesses. But there are also now hopes that the cards could be instrumental in expanding the use of alternative fuels as the pressure to decarbonise mounts, writes Simon Jack.