Royal Mail’s privatisation is complete, after the Department for Business, Skills and Innovation (BIS) said it had sold its remaining 14% stake in the business. The government said it planned to sell off its £1.5bn stake in Royal Mail in June of this year, completing the privatisation it kick started back in October 2013 with an IPO. BIS has disposed of 13% of the issued share capital at 455p per share, for a total of £591.1m. furthermore arrangements are being […]
Give hauliers grants to cover cost of shipping empty trailers to Northern Ireland, Logistics UK tells ministers
Logistics UK met with key government members this week to demand hauliers be given grants to cover the cost of empty running created by Brexit border issues.
The government has abandoned its plan to build a £3.5bn motorway between Oxford and Cambridge via Milton Keynes after analysis showed it was not worth the money.
UK-registered goods vehicles’ share of the international road freight market has fallen to a fresh low of just 13%, new figures from the DfT have shown.