It is reported by the Handy Shipping Guide, that the Treasury Report this week supporting the idea that a reduction in fuel duty can benefit the economy has been met with both hostility and praise.
Support for the reduction of fuel duty has been shown by the Road Haulage Association (RHA) saying “that it welcomed the Chancellor’s announcement and the report echoed a study which it funded two years ago on behalf of the FairFuelUK campaign alliance undertaken by the National Institute of Economic and Social Research (NIESR)”. These thoughts are shared by the Freight Transport Association (FTA), who, according to Handy Shipping Guide, argued the report confirmed something it had been telling government ‘for a very long time’.
Criticism has come from environmental groups who have argued that “factors such as congestion, air quality and carbon emissions have apparently been sacrificed on the altar of commerce”.
More details can be read in the full coverage at Handy Shipping Guide: