The Road Haulage Association (RHA) has requested urgent discussions with Chancellor Rachel Reeves following a sharp rise in fuel costs, warning of serious consequences for businesses and the wider economy. A recent surge in bulk fuel prices has increased pressure on transport operators already facing tight financial margins.

The spike in costs comes as global oil prices climb significantly, intensifying concerns across the logistics sector. Despite calls from some politicians to reconsider upcoming fuel duty changes, the government has indicated it will continue monitoring fuel pricing closely to prevent unfair increases for consumers.

In its appeal, the RHA has urged ministers to take immediate steps, including reducing fuel duty, reconsidering planned increases and lowering VAT on fuel. It has also highlighted the need to strengthen the UK’s energy resilience and address ongoing issues such as delayed payments within the industry.

Industry leaders warn that the rising costs could have a knock-on effect on everyday goods, as road transport plays a crucial role in supplying food and consumer products nationwide. With many operators working on very slim profit margins, the RHA says urgent intervention is needed to prevent further strain on businesses and avoid wider economic impact.