David Bizley RAC Chief Engineer Comments On The Autumn Statement
“The negative impact of fuel duty on economic growth is now acknowledged by the Treasury. With fuel duty already frozen until May 2015, we had feared an early return to the fuel duty escalator system – a deeply unpopular practice which led to a series of fuel duty hikes – but, for now, it appears that is not going to be the case. While we are currently enjoying low pump prices as a result of the lower world oil price this may change quickly, and it will be reassuring to fleet managers that the taxation scheme is not about to change.”
