44pc of fleets say the budget will have a positive effect

April 11, 2013 -- Forty-four percent of fleet operators believe last month’s budget will have a positive effect on their business.

In a survey of 100 companies operating ten or more vehicles, 33pc said the chancellor’s measures would have a negative impact, while 22pc felt they would make no difference.

TrackCompare, which carried out the survey over the last seven days, also asked its fleet customers what more the government could have done to help them.

Seventy-eight per cent said lowering the current duty on fuel would have made a bigger difference, while 22pc believed a reduction in the rate of VAT would have provided the greatest benefit.

TrackCompare director, Kjell Anderton, said: “While the duty on fuel won’t change in the near future there are some positive signals from the commodities markets, with the price of crude oil continuing its downward trend. On April 5, it hit a new low for 2013, closing at $106.5 per barrel, down from over $118 in February.

“Although price changes at the pumps are always behind the commodities markets, any fall in the cost of producing crude is good news for businesses and motorists alike.”

For further information contact Kjell Anderton, TrackCompare, on 0800 096 400

About TrackCompare

Launched in 2009, TrackCompare.co.uk has grown quickly to become the UK’s leading vehicle tracking website, representing more than 50 tracking and telematics companies across a wide range of technologies.

The company’s online service is backed by a team of experienced fleet consultants, who help more than 2,000 new fleets every month. Uniquely placed in the industry,

TrackCompare.co.uk assists organisations large and small to identify the most effective tracking and telematics solutions for their operations.

TrackCompare, The Weston Centre, Hawkins Road, Colchester, Essex, C02 8JX. Tel: 0845 299 655. Email Email Contact Website: www.trackcompare.co.uk

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