Tax changes welcome but investment still needed, says Logistics UK

London, UK: Government efforts to stabilise the economy are welcome but business needs time to plan and budget, says Logistics UK.

Kate Jennings, policy director, Logistics UK, said logistics needs reassurance that the government has both credible short term plans to manage costs and clear long term goals.

“Commitment to investment plans for road and rail, as well as policies which support delivery of zero carbon and ensure energy resilience remain crucial so that business can plan effectively today and for the future, she said.

“With energy security risks, rising fuel costs, challenges to investment and skills shortages among the issues currently challenging the bottom line, uncertainty looks set to continue.”

“Logistics underpins every area of our economy, and we urge the Chancellor to provide full proposals on 31 October to ensure that businesses in our sector can have the confidence to continue investment and plan effectively, so that they can help power the economic recovery we all desire,” she said.