RHA Recovery Group says "Give us a break Mr Livingstone"
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RHA welcomes support for Fuel Duty Regulator
The RHA is delighted that Dr Stephen Ladyman MP and a group of parliamentary colleagues have proposed that Government establish a fuel duty moderator almost identical to the SNP/RHA proposal for a Fuel Duty Regulator.
“Dr Ladyman was of course a Transport Minister and well knows the difficulty the transport industry has in dealing with ever rising fuel prices”, said RHA Chief Executive, Roger King. “I am absolutely delighted that he has come out in support of the idea of a regulator and I hope he will, along with his colleagues, support the SNP amendment proposing that such a scheme be added to the current Finance Bill. I have also invited him to address the RHA’s lobby of parliament .
The Regulator would result in an automatic freeze on fuel duty increase if world oil prices rose above levels forecast by the Chancellor and a parallel reduction in fuel duty to match the extra revenue from VAT from higher pump prices.
The RHA initially proposed in 1999 the introduction of an Essential User Rebate. It has campaigned consistently for this ever since. However the priority now is to stabilise fuel prices thus enabling the haulage industry’s rates to catch up with costs. In the long term an Essential User Rebate has to be the way forward if restrictions to the UK market for foreign trucks is removed in 2012.
