Economy

FTA campaigns on behalf of the logistics industry to create the optimum economic environment for members to operate in

Reducing the cost of logistics would improve business efficiency, make Britain more competitive globally and reduce the cost of goods in the shops.

FTA campaigns on behalf of the logistics industry to create the optimum economic environment for members to operate in. Reducing the cost of logistics would improve business efficiency, make Britain more competitive globally and reduce the cost of goods in the shops.

What is FTA Campaigning for?

Fuel Duty 

FTA urges Government to cut fuel duty to boost UK economic activity.  
FTA calls on the Government to take the opportunity to boost the economy by introducing a reduction in fuel duty by 3 pence per litre. 

There would be no environmental purpose to increasing diesel duty on vans and lorries as they have no alternative. Research from the Centre for Economics and Business Research (CEBR) shows that if a further 3 pence per litre (ppl) fuel duty cut was introduced by the Government it would bring substantial economic benefits. It would also be virtually revenue neutral for the Government as rises in other tax receipts would offset losses on fuel duty.  

Investment in public infrastructure  

Road 
FTA calls on the Government to ensure that the Roads Investment Strategy remains protected and provides sufficient funding to deliver the full approved programme of road improvements. 

Efficient and effective road networks are crucial for the logistics industry to be able to support the needs of UK businesses. It is important that the Government continues to provide certainty on roads investment so that the logistics industry can plan for improvements and the work that will be needed to build the roads.   

Rail 
FTA urges the Government to ensure that freight-focused rail infrastructure funding must continue in the next spending period to improve supply chains across the UK, achieving reduced costs and improved services. 

Network Rail has a specific freight funding stream in the current Control Period. This is important as improved infrastructure enhances the ability of the rail freight operators to provide more frequent, flexible and cost-efficient services.  

Find out more

Economy and Fuel

FTA submission to the Chancellor of the Exchequer - Budget Statement 2016

FTA submission to the Chancellor of the Exchequer - Budget Statement 2017

Fuel price and duty update Autumn Statement 2013

Secretary of State’s announcement on road infrastructure investment: scheme by scheme analysis

Contact Christopher Snelling, Head of UK Policy at FTA

Vehicle Tax Rates

Driver & Vehicle Licensing Agency Vehicle Tax Rates (2013)
Driver & Vehicle Licensing Agency Vehicle Tax Rates (2014)
VED increases for certain HGVs in the Budget 2011
Fuel price and duty update - Spring Budget 2017

Economy and Fuel News Visit Media Centre