From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum. Both new applicants and existing operators will be required to demonstrate £7,950 (previously £7,850) for the first HGV and £4,400 (previously £4,350) for each additional vehicle they wish to be added to their O-licence. The financial standing requirement for restricted O-licence holders will remain the same at £3,100 […]
Trade associations have welcomed London Councils’ decision not to introduce mandatory fitting of sideguards and class V and VI close-proximity mirrors aspart of its London Lorry Control Scheme (LLCS).
Temperature-controlled specialist Nagel Langdons saw its turnover rise 16% in 2016, but has warned that increased consumer price pressures as a result of Brexit could affect the stable growth generally associated with the sector.