Hauliers left short under £2.1bn no-deal Brexit funding package, FTA warns

August 5, 2019 Carol Millett


 

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. […]




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