Cut fuel duty in the Budget and give the road transport sector a much needed boost, representatives demand

chancellor Philip Hammond

A near doubling of freight firms filing for insolvency in the second quarter of this year has prompted the FTA to call on chancellor Philip Hammond to cut fuel duty in this week’s Budget to prevent further freight company failures. Figures from the government’s Insolvency Service reveal that the number of freight and removal firms filing for insolvency between April and July was up 78% compared to the same period last year, reaching its highest level in five years. The […]