Logistics UK is urging the chancellor Rachel Reeves to protect the current rate of fuel duty to ‘ensure that the industry can play its part in driving economic recovery’.
Policy director Kevin Green said the current rate of fuel duty is enabling the industry to start planning for a decarbonised future. “With the sector already operating on extremely narrow margins, increasing fuel duty would heap the cost pressure on operators,” he said.
It would not leave ‘enough spare cash’ for the industry to invest in a Net Zero future without passing on the cost to the end customer, he added.
Kevin Green cited the rise in both wages and vehicle price tags already plying pressure on the logistics sector at a time it is committed to helping kickstart economic recovery and growth.
He continued: “Rather than stifle the increased economic activity which our industry is able to drive, we need Ms Reeves to consider other alternatives to fill the fiscal gap.”
