FTA appeals for dew cut
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CUTTING THE LEVEL of taxatia on dery in next week's Budgt would aid all sectors of industr Freight Transport Associatia director-general Hug Featherstone said this week.
Such a measure would ct transport costs and aid Britis industry in its fight to becorr more competitive with Europi where the level of tax on dies, fuel is lower, he declared.
In addressing the North We! Division of the FTA, M Featherstone applauded th policy of the Government in n cent years of the "special needs for derv. Such policy had no, resulted in a favourable gap bi tween the rate of duty on der and petrol.
In spite of these moves th level of tax on dery now stanc at over 60p per gallon excludin vat, he added. "And industry hE no choice but to pay up", h said.
Goods have to be moved i order to keep industry workin and dery has to be used to mov them, Mr Featherstone pointe out.
He went on to refer to the pn sent pump prices applying t dery and petrol. Some suppliei were still asking a higher pric for dery than petrol and ther was no justification for this, I. said. He advised FTA membei to be choosy, as cheaper der was available.