Fleets Face 23% Hike In Fuel Duty From March 2023
Having faced unprecedented rises in fuel costs during the last ten months, fleets have been warned they government may be plotting to increase fuel duty by 23% at the spring budget.
Having faced unprecedented rises in fuel costs during the last ten months, fleets have been warned they government may be plotting to increase fuel duty by 23% at the spring budget.
Petrol companies are profiting double the amount than they were in 2019 and triple the amount they were before the first Covid lockdown, research suggests.
Since March, the UK haulage market has felt the pain of soaring fuel costs. Driven by the surge in the price of oil, propelled by global factors such as the war in Ukraine as well as increased global demand.
Several unofficial fuel protests have been planned in a move to highlight the frustration felt across the industry in relation to the unsustainable rises in the costs of diesel. With diesel costs now at an all time high, transport bosses have felt their already paper thing margins eroded even further.