More than half of employers in the transport industry think they will have to make redundancies once the Coronavirus pandemic is over, according to a poll. The snap survey showed that 56% of companies envisage making redundancies when the lockdown rules end and the economy begins to crank up again. The grim figure emerged during a webinar hosted by solicitors Backhouse Jones for companies in the haulage and passenger transport sectors. Director Jonathan Backhouse described the poll as “sobering” but […]
Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed.
Many transport companies are receiving very large payments from HMRC under the Coronavirus Job Retention Scheme. But the rules are vague, and as law firm Osborne Clare explains, it has been hard for many companies to know for sure if they are using the scheme correctly.
Operators struggling to meet financial standing can now be offered a period of grace of up to a year to get themselves on a firmer footing, according to transport lawyers.