Roads: Freight

(asked on 11th May 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to support the road haulage industry after the covid-19 outbreak.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 14th May 2020

The Government recognises the extreme disruption to businesses caused by the COVID-19 pandemic. This is why the Government has announced unprecedented support for businesses, including a business rates holiday, grants to smaller businesses and a package of government-backed and guaranteed loans.

Budget announced that fuel duty would be frozen for a tenth consecutive year, and that HGV VED and levy rates would also be frozen again in 2020-21.

Haulage businesses have also benefitted from the reduced by price of fuel: diesel pump prices in the week of the 11th of May were down 20.5p per litre compared to a year ago.

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