In his spring statement the Chancellor announced a 5ppl cut in fuel duty. But, with the end of the rebate on red diesel coming in today, this tax cut is both easily affordable and flies in the face of the government’s own environmental policy. The 5p fuel duty cut over the next year is a token gesture and clearly affordable when you look at the taxation on high fuel prices over the last 12 months. Even with the 5p cut, […]
The All Party Parliamentary Group (APPG) on Road Freight and Logistics has launched a new inquiry into the impact of fuel duty on road freight and logistics businesses.
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.
Diesel prices could go as high as £3 a litre and could even be rationed as a result of Russia’s invasion of Ukraine, according to energy experts.