Spring Statement

News

Motability tightens oversight after possible misuse of disability scheme

The organisation operates under a Government-backed programme that enables people to use disability allowances to lease cars or vans.

Fleet funding 27 Mar

News

Industry reaction: Spring Statement ‘fails to address’ long-term electric vehicle demand

The fleet and leasing sector reacts to the latest economic figures published by the Office for Budget Responsibility and the Chancellor's Spring Statement.

Tax and Legislation 26 Mar

News

Spring Statement: UK growth forecast halved for 2025

Fleet decision-makers and the wider leasing industry will be disappointed that there was no announcement around the forthcoming hike in VED for electric vehicles.

Tax and Legislation 26 Mar

News

Fleets hope for electric vehicle tax threshold change in Spring Statement

Fleets facing a new tax on electric vehicles, due to take effect from April, are hoping the Chancellor will deliver some good news in the Spring Statement.

Tax and Legislation 25 Mar

News

Cut VAT on public charging ‘to offset’ VED hike for EVs

The AA estimates that EV drivers could save £4.80 per charge at ultra-rapid chargers if VAT was reduced to match the percentage rate paid to charge your vehicle at home.

Charging & infrastructure 21 Mar

News

Fuel duty receipts up 24% year-on-year

However, the newly published figures from HMRC show that they were down on the £27.6bn collected before the pandemic.

26 Apr

News

PRA hits back at suggestion sector ‘holding back’ on fuel duty cut

The Petrol Retailers Association has criticised Transport Secretary, Grant Shapps, after he urged drivers to boycott petrol stations who refuse to cut prices.

fuel and fuel cards 30 Mar

News

Fleet and leasing industry reacts to Spring Statement

The Chancellor’s decision to cut fuel duty by 5p has been broadly welcomed, but many have questioned whether he went far enough.

Spring Statement 23 Mar

News

Spring Statement: Chancellor’s fuel duty cut to counter high pump prices

Fleets will get some respite at the pumps thanks to a 5p cut in fuel duty, announced by the Chancellor in the Spring Statement.

Spring Statement 23 Mar

Woman refuelling car, petrol station, fuel pump

News

Efficient driving offers fuel savings to rival duty cut, says Red DRM

Red Driver Risk Management says Fuelsave training has seen drivers reduce consumption by 11.3% - equivalent to nearly 20p off the current price of diesel.

Driver Training 23 Mar

News

Will Chancellor deliver on fuel, road pricing and company car tax?

The Chancellor will deliver the Spring Statement today, with the fleet and leasing industry hoping for help and clarity on a series of issues.

Spring Statement 23 Mar

Mechanic inspects a vehicle on a ramp with a torch

News

Spring Statement: Call to tackle skills shortage in automotive

Automotive vacancies are at their highest level for 20 years – at more than 23,000 - accounting for approximately 4% of the workforce, new research suggests.

Spring Statement 23 Mar