Stories

Fri, 16 Oct 2026

Fri, 16 Oct 2026 Fuel costs squeezing margins for some businesses

Diesel recently topped £2 per litre and there is concern that a duty freeze will not go far enough.

* Some businesses are concerned that rising global fuel prices will continue to affect their costs and profitability.
* A&A Scaffolding Solutions has welcomed the government's proposal to freeze fuel duty in 2027, but notes it would only provide limited relief if global prices continue to rise.
* Businesses such as tree surgeons and construction firms rely heavily on diesel for machinery and vehicles, and increased fuel prices are affecting their operating costs and margins.
* Treasury Minister Alan Maclean says the government's support is targeted directly at consumers rather than expecting businesses to absorb costs.
* Fuel duty was frozen in Jersey from 2023-2025 before rising with inflation in 2026, and the government has now proposed a freeze for 2027.