// BBC BUSINESS NEWS — FINANZA
Rising fuel prices 'cost tow truck business £10k'
Oliver du Feu said fuel duty would need to be cut by up to 50p per litre to help manage costs.
Rising fuel prices are hitting businesses, with the owner of a vehicle breakdown service saying prices had cost his business between £9,000 and £11,000.
Oliver du Feu said it had a "big impact" because trucks, which held between 80 and 120 litres of diesel, were filled up every two days.
It comes as a proposition to lower fuel duty - currently about 65p per litre - by 10p per litre between October and December was withdrawn.
Jersey's treasury minister said there would be "targeted measures" in the government's budget to help people with the cost of living.
Treasury Minister Alan Maclean said cutting fuel duty would be a "blunt tool"
Fuel prices have continued to rise since the outbreak of the United States' war with Iran in February.
Du Feu said fuel duty would need to be reduced by 30p to 50p per litre to help businesses manage costs.
He said he expected prices to keep rising and, while his business had absorbed higher costs so far, he might have to charge customers more.
Treasury Minister Alan Maclean said duty cuts were a "blunt tool" and largely helped wealthier people.