Fuel Duty Frozen

Chancellor Phillip Hammond announced a freeze on fuel duty for a seventh consecutive year during his Autumn Statement recently. However freight and transport groups are reportedly suggesting that he did not go far enough to aid struggling smaller transport and freight operators.

While fuel duty is no longer recognised as a ‘sin tax’, like alcohol and tobacco duty, and is now seen as a core burden on families and businesses, the RHA (Road Haulage Association) had argued a cut should have been made. Especially considering the recent rise in insurance premiums.

 

<< PLEASE SHARE THIS STORY ON SOCIAL MEDIA EASILY BY CLICKING THE ICONS TO THE LEFT.

More News…..

Academy Partners University of Essex

The Supply Chain Academy has this week confirmed a new partnership arrangement with the University of Essex, which will include the development and delivery of a unique new programme designed for supply chain leaders and their teams. Working in partnership, the Supply...

Felixstowe Rail Scheme Approved

A new £60m scheme to improve rail links from the Port of Felixstowe has been given the green light by UK Transport Minister - Chris Grayling. The multi-million pound scheme will dual part of the Felixstowe-Ipswich branch line to increase its rail freight cargo...

Storms Damage Port Infrastucture

Extreme storms in South Africa last week have caused major damage to the port of Durban and its infrastructure, which have inevitably resulted in carriers adjusting schedules. According to the Transnet Ports Authority it is still too early to assess the full extent of...

Share This

Please Share This Article

It only takes a couple of clicks and it would be greatly appreciated! Many Thanks