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 […]
The FTA has welcomed the freeze in fuel duty announced by the chancellor George Osborne in today’s Budget, but believes he missed an opportunity to boost the economy by not cutting it.
More operators have reacted to the chancellor’s Budget this afternoon (20 March), with both DBL Logistics and parcel firm APC Overnight supporting George Osborne’s decision to scrap the planned fuel duty rise.
FairFuelUK (FFUK) has published new research “that blows the current thinking around fuel duty out of the water”, according to the head of the campaign.