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Park Logistics - Creating supply Chain Solutions

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Government recognises lower fuel duty can be an economic stimulus

The Road Haulage Association reports that following a meeting at the Treasury with Chief Secretary Danny Alexander and the FairFuelUK team, the Government has recognised that lower fuel duty can be an economic stimulus not just an additional revenue earner from already hard-pressed hauliers and motorists.

At a the meeting, the Chief Secretary presented FairFuelUK spokesman Quentin Willson and founder Howard Cox, with the government’s recently published fuel duty dynamic modelling which supports the fuel campaign group’s long-held contention that lower fuel duty increases jobs, GDP and economic activity.

Commenting, RHA Chief Executive Geoff Dunning said: “The Road Haulage Association has supported FairFuelUK since its inception three and a half years ago and this news confirms, without doubt, the fact that we made the right decision. Now, with a general election on the horizon, we shall be working even more closely with FFUK to ensure that we can get Government to go one step further and make a positive cut in fuel duty – a boost that the economy, hauliers and every other road user so desperately needs.”

Article source: http://www.logisticshandling.com/articles/2014/06/18/government-recognises-lower-fuel-duty-can-be-an-economic-stimulus/