Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment she has made of cost pressures for the haulage industry, ahead of the Budget.
The Government recognises the key role the haulage sector plays in the UK economy and regularly engages with its representatives.
At Budget 2025, the Government announced continued support for people and businesses by extending the temporary 5p fuel duty cut until the end of August 2026. Rates will then gradually return to previous levels. The planned increase in line with inflation for 2026-27 will not take place, with the government uprating fuel duty rates by RPI from April 2027. This will save the average HGV driver £843 next year compared to previous plans.
From 1 April 2026, Vehicle Excise Duty (VED) standard rates for Heavy Goods Vehicles (HGVs) and HGV levy rates will be uprated by RPI for 2026-27. Hauliers will not see a real-terms increase in VED or HGV levy liabilities, as rates have increased to keep pace with inflation only.
The Government considers the impact of motoring taxes on the economy, including households and businesses, with decisions on rates made at fiscal events.