A £2.1bn funding package for no-deal Brexit preparations is not enough to cover the costs the haulage industry will incur, the FTA is warning. The funding package, announced by chancellor Sajid Javid last week, includes £1.1bn already committed to plans for 31 October and £1bn in reserve. The move came as Bank of England governor Mark Carney warned that a no-deal Brexit would deliver an “instantaneous shock” to the economy, resulting in a falling pound, rising inflation and slowing GDP. […]
The government is committed to delivering Brexit on schedule on 31 October with or without a deal, transport secretary Grant Schapps MP told the RHA parliamentary reception last night.
Post-Vote Brexit Survey: Last month UK voters made arguably the most momentous decision in the country’s post- Second World War history when they backed Brexit.
2016 saw the UK vote to leave the EU, Donald Trump preparing to move into his new house across the pond, and Sadiq Khan introduce unprecedented safety measures for operators working in London. But these headlines aside, 2016 has still been a busy year for the road transport sector. As we approach the end of the hugely eventful 2016, the MT team discuss the year’s key events, Brexit aside, and the things to look out for in the coming months. […]