Transport: Freight
(asked on 19th March 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate he has made of the effects of changes in oil prices since August 2014 on the cost of moving freight by (a) rail, (b) road and (c) sea.
This question was answered on 24th March 2015
HM Treasury has made no detailed estimate of the effect of the change in oil price since August 2014 specifically in relation to the cost of moving freight by rail, road or sea.
However Government have made clear that it expects industry to pass any savings that result from lower oil prices onto their customers.