Highest oil prices - ever.

Fuel duty rises – again

Published:  06 October, 2010

KENT: The Freight Transport Association has accused the Government of a "smash-and-grab approach" with a fuel duty increase that adds 1p to a litre of petrol and diesel.

The FTA said above-inflation tax hikes since 2009 meant the freight industry faced "a disproportionate burden in narrowing the public sector deficit".

Simon Chapman, the FTA's chief economist said the rise would add £125m more a year to transport industry bills.

"With another rise due in January and above-inflation rises set for the next three years, many businesses hit by the recent recession will feel like they are on borrowed time," he said

"The price of oil is the highest it's been for three months and is set to rise further as we come into the autumn peak period of oil demand.

"With economic recovery still so fragile, now is not the time to compound the problem with artificial price hikes," he said.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

At Arco, we are an industry specific recruitment consultancy, providing sales and managerial staff Nationwide to Merchants, Distributors and Manufacturers of Building Materials within the Construction Sales Sector. Priding ourselves on our unparalleled customer service and hard work, we offer a fresh, innovative and personal approach to recruitment specifically designed to meet our clients’ needs and candidates’ skills.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.