Road haulage organisations are demanding a reduction in fuel duty and members of the group Fair Fuel UK (FFUK) have handed a petition in to Downing Street calling for the tax cut.
The group includes the Freight Transport Association and Road Haulage Association (RHA). They estimate that the tax costs the road haulage industry around £116 million every year. It claims that if they are successful in obtaining a 3 pence per litre cut in road duty, logistics firms could save approximately £350 million every 12 months. The FFUK group have been able to put a stop to every planned increase in fuel duty since it began in 2011, saving the freight industry in excess of £4 billion.
Geoff Dunning, chief executive at the RHA, commented: “UK fuel duty is still by far the highest in the EU, impacting on UK firms’ competitiveness and cash flow and holding back the ability of hauliers to invest in equipment, vehicles and people.”