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FUEL COSTS * UK
* Fuel duty action could save economy £3.6 billion, says FTA
London,En,UK -Transport Engineer. by Brian Tinham -20 Feb 2012: -- The Freight Transport Association (FTA) has called on the Chancellor to cut fuel duty by at least five pence per litre and to scrap the increase planned for August... In its pre-budget submission to the Treasury, the trade body argues that such action could save consumers and businesses £3.6 billion and prove to be a vital shot in the arm for the UK's economy... Following sustained lobbying by FTA and its partners in the Fair Fuel UK campaign, the last budget saw two planned increases in fuel duty deferred and an unprecedented cut in fuel duty of 1ppl – a move that saved businesses some £500 million... However, despite this success, the price of diesel increased by 7ppl in 2011, adding £3,284 to the annual operating cost of a typical 44 tonne articulated vehicle... Labels: fuel costs
posted by Unknown @ 6:49 AM
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