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Page 6
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Warning to expect further diesel rises
PRESSURE FROM RISING fuel prices intensified this week as the Road Haulage Association (RHA) fuel price survey revealed hauliers are being warned to expect further increases of up to 6p/lit.
With almost daily increases in diesel prices, the trade association is urging the government to scrap plans to raise duty by 2p/lit and to bring stability by introducing a regulator mechanism.
Fears that the cost of diesel would reach a £1.50/lit this year were assuaged by the Petrol Retailers Association (PRA), which claims prices will peak this summer, before dropping off. The RHAs survey of members' fuel costs reveals suppliers are expecting to increase their rates again, meaning a typical artic will cost £18,000 more to fuel than it did 12 months ago. The RHA says there is little operators can do to cut their bills, and believes it will be "damaging" for businesses.