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Ward makes plea to Chancellor to postpone rebated fuel tax for 12 months

On behalf of Derbyshire-based businesses operating nationally within the metal recycling, building, construction and demolition sectors, as well as many others, Donald Ward, Operations Director at metal recycling and waste management specialist, Ward, has written to the Right Hon, Rishi Sunak MP, the Chancellor of the Exchequer to leverage support in managing spiralling energy costs in the next budget. 

 

Ward makes plea to Chancellor to postpone rebated fuel tax for 12 months f
Donald Ward

The independent, fourth-generation family business which employs over 400 people and has an annual turnover of £200 million, has proposed that the changes UK Government is making changes to the taxation of red diesel, or rebated fuel, are postponed for at least 12 months. This they believe would offset additional challenges faced by businesses as we emerge from a global pandemic, an ongoing Brexit situation and the worldwide economic impact of sanctions on the former Soviet Union.

Under the existing plans, from 1st April 2022, it will no longer be permitted to use rebated red diesel in most types of plant, machinery, and construction equipment. Instead, all equipment must use diesel or biofuels, on which the full rate of duty has been paid. Businesses are expected to face cost increases of more than 140%, given the current price of diesel.

In the letter, Donald Ward, asks:

“In the short term and given the threat nationwide to all businesses and the impact on wider industries, we are writing to request you implement an extension to the entitlement to use red diesel for 12 months or a time the energy markets have settled. 

If this implementation is not possible, could we suggest a phased approach as we are now in a completely different economic climate, and this could be disastrous for many waste and resource operators, construction and demolition businesses and result in unintended consequences impacting the environment, the wider economy and employment levels.”

Read the full letter here and lend your backing to the campaign, contact Donald Ward for more details.

Visit www.ward.com

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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