The government has been forced to clarify the level of import tariffs to be placed on new trucks in the event of a no-deal Brexit after a document revealed it has been hiked from a promised 10% to 16%. An estimated 42% of new HGVs are articulated and will attract the 16% tariff. Last month industry leaders were told by government officials that a planned 22% tax on HGV imports was to be reduced to 10%, bringing it into line […]
The logistics sector has suffered its biggest fall in confidence since 2015 as concerns grow about the possible impact of Brexit.
It would be a “disaster” for the commercial vehicle industry if the UK crashed out of the EU in 2019 without a good trade deal with the remaining EU27 countries, SMMT chief executive Mike Hawes has warned.
Overnight work on the M20 in Kent to install a temporary steel barrier that keeps traffic flowing in the event of disruption after Brexit starts this weekend.