The Freight Transport Association (FTA) has said the government must recognise the consistently high price of diesel and the Chancellor must resist any temptation to increase duty on diesel in his March 17 budget.
FTA chief executive Richard Turner has said in a letter to the Treasury that the economy is presently being protected from high world oil prices by a weak letter. He said: “This may not last long and the FTA believes the government should take a long-term levelling approach to diesel taxation to protect business fro the extremes and its debilitating effects on markets.”
The FTA also believes that for road building there is a planning gap between expectations encouraged by government promises and inadequate funds to meet them.
Turner said: “For the fourth largest economy in the world, future infrastructure planning should seek to serve our needs. A needs gap has developed between what we require and just doing what we can afford.”
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