The level of financial standing standard O-licence holders will have to demonstrate is likely to increase in 2017, due to the drop in the value of the pound against the euro. The FTA estimated that the financial standing rate will increase by around 15% from 1 January, taking it from £6,650 to £7,800 for the first vehicle, and from £3,700 to £4,300 for each additional vehicle. Under EU law, the rate is set at €9,000 for the first vehicle and €5,000 for subsequent […]
December 11, 2015 Chris Tindall
A public consultation has been launched into proposals for a new lorry parking area as an alternative to Operation Stack in Kent.
August 14, 2015 Emma Shone
Around 34% of transport managers intend to quit within five years, a new survey from the FTA has found.