Logistics UK is calling on the Chancellor to reconsider her decision regarding fuel.
by Web Administrator
May 20, 2026 10:10
Logistics UK has urged Chancellor Rachel Reeves to reconsider the planned 5p per litre increase in fuel duty, citing the severe economic pressures faced by the logistics sector due to rising fuel costs. Chief Executive Ben Fletcher noted that crude oil prices have surged past $110 a barrel, leading to a significant increase in operational costs for logistics firms, which could contribute to higher inflation. He emphasized the need for government support, including measures on fuel duty and other costs, to help the industry maintain supply chains and support the economy while working towards decarbonization goals.