“With just 17 months to go before the UK is scheduled to leave the European Union, the Brexit clock is ticking loudly,” says Freight Transport Association Chief Executive David Wells. He continues: “The economic headwinds for the UK economy are clear for all to see - low growth, rising inflation and increasingly heavy hints of the first interest rate rise in a decade.” He points out that logistics is frequently at the sharp end of any slowdown in economic activity. The FTA is calling on the Chancellor to cut fuel duty by 3p per litre to create thousands more jobs and generate more cash to be spent on goods and services. Wells says this will also leave us better placed to compete with our EU counterparts.
We've read it in: Freight and Logistics, November 2017, Page 3
