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 […]
New guidance on the breaks required under the drivers’ hours and working time rules is to be published later this year by the DfT in an effort to address confusion between the two.
The FTA is aiming to “revolutionise” the status of transport managers through a range of continuous professional development courses that will be recognised across the industry.
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.