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‘Commit to a fuel duty freeze’, FTA urge Chancellor

By Kyle Linsay
Monday, November 25, 2013 - 13:30

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COMMIT: FTA message to Chancellor

The Freight Transport Association (FTA) are urging the Chancellor to confirm his commitment of a two-year fuel duty freeze ahead of his Autumn Statement.

In a letter to George Osborne, the FTA claim a freeze until 2015 would stimulate economic growth and give businesses confidence to invest in the future.

However, Mr Osborne told September’s Conservative party conference that he would only make the freeze if savings could be found to pay for it.

Theo de Pencier, Chief Executive of the FTA, said: “While we appreciate the difficult trading and fiscal conditions that persist, and the constraints which these impose, we have written to the Chancellor urging him to confirm his commitment to freeze fuel duty until 2015.

“We believe that such a step would provide just the kind of stability needed to give businesses the confidence to invest in the future – but he can go even further.”

The FTA have urged Mr Osborne to cut duty by 3p per litre, campaigning extensively as part as FairFuelUK for a reduction.

“When the Chancellor delivers his Autumn Statement on December 5, he must take the steps needed to ease the burden of fuel duty and help hard working families and the countless businesses that rely on road transport to deliver their goods and services,” added Mr de Pencier.

Image courtesy of mattbuck4950, with thanks.

Comments

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  • Janet Portlock says...November 28, 2013 (14:15)

    The coach industry can not afford to pay more tax on fuel, we are thinking off closing if there is a increase in fuel prices. Councils put us on contracts for 3 years with no inflationary increase and we can not absorb any more extra costs. We will make our employees redundant.

  • Pingback - FTA urge fuel duty freeze commitment from Chanc... - November 25, 2013 (13:41)