The RHA is warning the government not to create fleets of stranded assets as it moves to phase out diesel powered HGVs. The call comes as the government mulls when to phase out the sale of new diesel HGVs and the introduction of road pricing to offset the decline in fuel and vehicle excise duty as the UK switches to electric vehicles. The proposals are part of a consultation document recently launched by the House of Commons Transport Select Committee. […]
The Liberal Democrats have blamed Brexit and the subsequent fall in the value of the pound since the vote for a 5ppl increase in the cost of fuel over the period, something they claim will be a longer term trend despite the current respite in UK pump prices.
Both the FTA and the RHA have now urged the chancellor to prioritise cutting fuel duty and ensuring the HGV Road User Levy does not negatively impact on UK operators.
Jack Richards & Son experienced a strong financial year during 2015, posting a 5.1% boost in turnover and a 16.7% rise in pre-tax profit.