Roads: Freight
Question
Mr Richard Holden
To ask the Secretary of State for Transport, if she will support the financial resilience of small and medium-sized haulage businesses facing increased fuel and operating costs.
Answer
Keir MatherWe regularly engage with road haulage industry associations and wider industry to understand the financial challenges faced by the sector including its small and medium sized businesses.
At the Autumn Budget 2024, the Government announced continued support for people and businesses by extending the temporary 5p fuel duty cut and cancelling the planned increase in line with inflation for 2025/26. HGVs will see an average saving of £1,100 in 2025/26.