FTA calls for revision to financial standing requirements post-Brexit

Financial standing
 

The financial standing system should be completely reviewed when the UK leaves the EU, according to the FTA. The association said it would be “absurd” for the UK to continue to require O-licence holders to demonstrate a level of finance set by European law post-Brexit on 29 March 2019. James Firth, the FTA’s head of licensing and compliance information, said: “Transition period or not, it would be absurd if the domestic UK road transport industry continued to be pegged to […]