The Freight Transport Association (FTA) has expressed its disappointment at news that tolls will continue on the Severn River Crossing tolls once the concession ends.
The news – which was included in George Osborne’s Budget Statement, is considered a bitter blow for the freight and logistics industry by the FTA, who said that it is disappointed that the Government has disregarded category 3 tolls (lorries, large buses and coaches) and that it does nothing to address the punitive level of the toll.
An ARUP survey in 2012 stated that Welsh GDP would increase by £107 million per annum if the charges were scrapped which is far in excess of what they would receive by continued the tolls.
On behalf of its members and the logistics industry, the FTA has long campaigned for the tolls to be abolished, and is now calling on Government to provide clear visibility of what it now intends to charge once the Severn Bridge comes into public ownership.
FTA stated that businesses have paid enough already – with many freight operators paying hundreds of thousands of pounds every year to cross the River Severn.
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