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 […]
More than 67,000 employees working in the logistics sector are regarded as not being proficient in their jobs, according to a report by a government advisory body.
Trade associations have cautioned against adding further complexity into the London supply chain, after TfL went live with its latest Direct Vision Standard (DVS) consultation.
The Liberal Democrats have blamed Brexit and the subsequent fall in the value of the pound since the vote for a 5ppl increase in the cost of fuel over the period, something they claim will be a longer term trend despite the current respite in UK pump prices.