The Office of the Traffic Commissioner has issued a reminder to vehicle operators about the new financial standing levels that will apply from next month. On 1 January, minimum financial standing limits for standard national and international operating licences rise from £7,200 to £7,400 for the first vehicle and from £4,000 to £4,100 for each additional vehicle authorised. The limits for restricted licences remain unchanged at £3,100 for the first vehicle and £1,700 for each additional one. The increase […]
Prestons of Potto was back in the black in 2013, according to its recently published accounts.
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.
Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show.