Operators should soon be able to see how promptly large firms pay their bills under government proposals announced last week designed to name and shame businesses that “ride roughshod over their suppliers”. Increased transparency will, according to the government, enable smaller businesses to compare larger firms’ average payment times and the proportion of invoices paid late. It will also allow firms to evaluate the length of time a company opts to pay its bills, such as within 30 days, more […]
Having fired the starting gun on the sale of its remaining stake in Royal Mail last week, the government is out of the blocks and has sold 15% of its shareholding to institutional investors.
A competition offering £10m of funding to firms that can develop ways to move freight and people more efficiently is attracting strong interest.
Skills for Logistics (SfL) has called on operators to make the case to government for a funding boost for apprentices to ensure a pipeline of talent for the future. Following a meeting last week between Matthew Hancock MP, minister for skills at the Department for Business, Innovation and Skills (BIS) and SfL the door remains open but change hinges on operators demonstrating an appetite for it. Apprenticeships presently only attract full funding between the ages of 16 to 18. After […]