Policy & Tax
Logistics sector can unlock regional growth under Budget plans, says Logistics UK
Logistics UK chief executive Ben Fletcher welcomes the Budget's regional growth plans, including letting mayors keep a share of business rates and borrow for transport, and its promise of faster grid connections, which he says are holding back fleet decarbonisation. The group says the extended fuel duty freeze and red diesel duty cut, with the existing HGV road tax holiday, will save the sector an estimated £470 million, but that the Budget missed the chance to start business rates reform and made no mention of the Single Trade Window. The press release is published below as supplied.
