FTA chief criticises chancellor over high fuel duty
By: Richard Towey
30 April 2012
A chief at the Freight Transport Association (FTA) has criticised chancellor George Osborne for not reducing UK fuel duty.
Talking to mhwmagazibe.co.uk, the FTA's chief executive, Theo de Pencier, blasted Mr Osborne for failing to take opportunities to cut the duty in 2011, which could have led to growth in the logistics sector. However, Mr de Pencier still believes there is time to make these changes happen and, in the event of this, many skilled drivers could still receive logistics work in 2012.
"The chancellor failed to grasp that a fuel duty cut could have delivered," Mr de Pencier said. "Talking about growth is not enough - lowering fuel duty would boost the economy and generate jobs."
The logistics expert went on to praise companies in the sector for being able to meet targets, despite the recession restricting their growth, saying: "The truth is that during the worst economic conditions for generations, at a time of minimal growth and ever increasing and understandable customer pressure, our industry has risen to the challenge and is succeeding in delivering the goods with increased efficiency and at lower costs."
Latest developments could still please the FTA chief however, as shadow chancellor Ed Balls has asked Mr Osborne for a temporary block on a 3p increase on fuel set to be introduced in August. In response, according to pressassociation.com, Mr Osborne said international prices have risen around 10 per cent in general and that the UK is merely following the trend.
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