The Competition and Markets Authority (CMA) is to launch an indepth investigation into fuel refinery prices after raising concerns about the gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel. The move follows the CMA’s review of fuel prices, published last […]
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Logistics UK is calling on the government to freeze fuel duty forever to help the sector make the shift to alternatively fuelled vehicles.
Andrew Malcolm, chief executive officer, Malcolm Group I don’t think we’re heading for a recession – I think we’re already in it, or that’s the approach we’re taking at Malcolm. When you’re in transport, with lower margins than we should all be working for, you always have to work with a tight control on cost […]
The industry has applauded the Chancellor’s commitment to continue investing in infrastructure projects in his autumn statement, but raised concerns that the transition to EVs has been compromised by removing the exemption on vehicle excise duty.