Builders merchants organisation the Builders Merchants Federation has written to the Chancellor of the Exchequer, George Osborne, urging him to scrap the planned fuel duty rise planned for April.
The letter from BMF managing director Chris Pateman urges the Chancellor and “Treasury officials” to “fully grasp the effects of rising fuel duty on industries like ours and to act to assist Building Material Distribution with Fuel Duty”.
Pateman points out in his letter that members of the BMF face “paying £1.38 a litre for diesel and £1.36 for petrol. Added to your 20% VAT rate, you are introducing an above-inflation rise in Fuel Duty leaving industries like ours to pick up these higher bills at a time when economic recovery is (at best) fragile.”
He urges Osborne to use the March Budget Statement to “ease the hardships being suffered by industry and to foster business-friendly conditions for merchants”.
The BMF is backing the FairFuelUK campaign, supported by the Road Haulage Association and the Freight Transport Association. To sign the petition, click here.