Undecided how you’re going to vote next week? Motor Transport looked through the key party manifestos to see what the new government could mean for the road haulage sector. Conservative party Manifesto pledges include: Road transport: • Continue a £40bn road and rail investment programme • Develop the strategic road network, • Improve transport connections across the country • Create extra capacity on the railways, bring new lines and stations, and improve existing routes – including for freight. • Continue […]
The Chancellor turned his back on the road transport industry in the Budget, announcing August’s 3.02ppl increase in fuel duty will stay. MT takes a look at the economic case against this decision. The price of bulk diesel has climbed 18.9% in the past 18 months, to reach a record high of 117ppl. Meanwhile, companies have continued to go to the wall, with Hull-based AR Lunn the latest failure. Predictably, rising fuel costs were a main reason why 115 employees […]
Treasury minister Danny Alexander has pledged to review FairFuelUK’s (FFUK) economic report, which shows that the planned 3ppl duty rise in January will result in 35,000 job losses and reduce GDP growth by 0.1%. During a landmark meeting yesterday (29 October) with FFUK and its major backers the FTA and RHA, the chief secretary to the Treasury made a firm commitment to look closely at the Impact of fuel duty on the macro-economy report, produced by the National Institute for […]
The transport secretary promised industry leaders last week that he is working hard to address the chronic shortfall in European Conference of Ministers of Transport (ECMT) permits, which are vital to hauliers in the event of a no-deal Brexit.