Some of road transport’s biggest companies could face a hit to their cash flow after the chancellor signalled he was bringing forward corporation tax deadlines forward yesterday. BNP Paribas Leasing Solutions said plans announced in yesterday’s Emergency Budget by George Osborne to bring forward corporation tax deadlines for businesses with profits of more than £20 million – thirteen of MT’s Top 100 companies – will have a substantial impact on their cash flow. The government estimates that bringing forward the […]
Transport minister Claire Perry has met a delegation from the RHA to discuss the crippling driver shortage and the RHA’s proposal for a £100m package of grants to train new HGV drivers.
The industry has welcomed the chancellor’s decision to cancel the planned September fuel duty rise, but says more still needs to be done to get the economy on the road to recovery.
Maxi Haulage has delivered one of its largest pre-tax profits in the firm’s history, despite a “difficult and competitive” environment.