Business · Energy & Commodities · 2 hrs ago

UK van drivers face £2.5bn rise in diesel costs this year

UK van drivers face £2.5bn rise in diesel costs this year

Owners of diesel vans and pickups in Britain are expected to spend nearly £8.5bn on fuel this year, about £2.5bn more than last year.

Diesel prices have risen amid a global fuel shortage linked to disruption at refineries in the Middle East and Russia.

About 95% of light commercial vehicles in Britain still run on diesel, and the growth of online shopping has helped increase the number of vans on the road.

Higher delivery and transport costs could feed through to the prices of food and other goods.

The Road Haulage Association is urging the government to cancel planned fuel duty increases and introduce a 15p-a-litre rebate for commercial operators.

The planned duty rises are 3p a litre from 1 January and a further 2p from 1 March.

Sources

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