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In his Pre Budget Statement on 24 November 2008, the Chancellor, Alistair Darling announced an increase in fuel duty of 2 pence per litre (ppl), effective from 1 December 2008. In addition, he announced that duty will rise again in April by 1.84ppl. This will land the UK logistics industry with a massive £533 million tax increase.
Like you, FTA is outraged by this announcement, which will put an even greater strain on a sector already bearing the brunt of the economic downturn.
With you, we are working to overturn this decision and to strike a better deal for our industry, which is the lifeblood of the UK economy.