British to Cut Truck Taxes in Half
As the heated debate continues on whether Britain should compensate those hit by the high cost of fuel, oil giant BP Amoco takes their record earnings public
As the heated debate continues on whether Britain should compensate those hit by the high cost of fuel, oil giant BP Amoco takes their record earnings public.
Chancellor Gordon Brown is under pressure to include concessions for fuel users in his pre-Budget statement today, which could mean things are looking up for truckers.
In an attempt to head off new protests, it is being reported that he could announce that taxes on trucks will be cut in half, saving truckers around $1,430 per vehicle every year.
According to published reports, Brown is scheduled to announce the concession in today’s pre-Budget report. The current tax on Britain's 68,000 38-ton, five-axle rigs is $3,878 per year, but Brown’s plan claims it will drop between $2,289 to $2,432. The costs of discs for 40-ton, five-axle trucks often used for overseas work will drop by $2,861 to around $3,434.
The move will cost the Treasury $429 million, reports said.
Brown plans to make up some of that by introducing a "Brit disc," charging foreign trucks to travel on Britain's roads.
A Treasury spokesman refused to comment on Brown’s report prior to the announcement, but Shadow Cabinet Office Minister Andrew Lansley said that, if true, the proposals would show ministers' policy had been wrong since taking office.
"For two and a half years we have told the Cabinet they have been damaging our haulage industry with their high taxes," Lansley said. "If Gordon Brown offers these concessions now under pressure from fuel protesters, he will just demonstrate that the Government has been wrong for over two years."
Shadow Transport Minister Bernard Jenkin accused the government of "buying off the protests groups with their stealth tax surplus."
Meanwhile, surging oil prices in the U.K. are pumping record profits into oil giant BP Amoco for the fifth successive quarter.
According to Reuters, the U.K.-based oil giant raised its quarterly dividend to 5.25 cents from 5 cents. With an extra contribution from acquisitions, third quarter earnings grew in line with forecasts by 94 percent to $3.796 billion.
More Equipment

Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
How GP Transco Builds Fuel Savings a Fraction at a Time
Aerodynamic specs, solar panels, and driver incentives help GP Transco turn small efficiency gains into savings it can reinvest in its people.
Read More →
More Trailer Data Through the Same Seven-Way [Video]
Can trucking’s standard seven-way connector handle more cameras and trailer data? Grote’s Adam Slade shows HDT how the company is using new technology with its 4See trailer system, not only to add a new backup camera but also to expand other capabilities — without adding another connection.
Read More →
Grote: More Cameras, Same Seven-Way Connector
The next-generation 4See rear-view backup camera from Grote uses the standard seven-way connector and supports additional cameras and other trailer data.
Read More →
Trucks at ATA's 2026 MC&E in Charlotte, North Carolina [Photos]
From rigs decked out in patriotic America's 250 paint schemes to autonomous trucks and more, check out these photos from ATA's 2026 Management Conference & Exhibition.
Read More →
Help HDT Find Trucking’s Top Products
Have you come across a new product that could make a difference for trucking fleets? Nominate it for HDT’s 2027 Top 20 Products Awards by November 9.
Read More →
Volvo Unveils New VNX Heavy-Haul and Vocational Truck
Volvo Trucks has launched the VNX, a new vocational truck also available as a tractor in day cab and two sleeper configurations, with one heavy-haul model. The Volvo VNX is powered by Volvo's D13 platform, which delivers up to 540 horsepower and 1,950 pound-feet of torque and is EPA 2027-compliant.
Read More →How GP Transco Cuts Trucking Fuel Costs, a Tenth of a Gallon at a Time
What’s another tenth of a mile per gallon worth? GP Transco shares how equipment upgrades and driver coaching turn small gains into meaningful fuel savings.
Read More →
Electric Yard Tractors Move Beyond Pilots
Operating-cost savings have overtaken sustainability goals as the leading reason surveyed fleets are adopting battery-electric terminal tractors, according to new NACFE research.
Read More →
Continental Introduces New Regional Truck Tires
Continental says its new Generation 5 steer and drive tires for regional operations offer longer tread life, with estimated mileage gains of 22% and 19%, respectively.
Read More →
