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 […]
Major management restructuring in the face of declining revenues at the UK International division of TNT Express has also seen ‘a handful’ of top executives made redundant, Motortransport.co.uk has learnt.
UK commercial vehicle (CV) manufacturing decreased by 1.9% in November, with 8,605 units rolling off production lines, according to figures published this week by the Society of Motor Manufacturers and Traders (SMMT).
A cross-party strategy to Get Britain Cycling aims to see a quarter of all journeys made on a bicycle by 2050. It’s lead to to a flurry of pro-cycling announcements from Westminster with little consideration for operators.