Logistics UK welcomes energy bill support
Wednesday 21 September 2022
Logistics UK welcomes the announcement made by government today (21 September 2022) regarding support for businesses facing rising energy bills.
Kate Jennings, Director of Policy at Logistics UK, comments: “Rising energy prices are a great concern to businesses across the logistics industry, which is already operating on low profit margins. The financial support provided by the Government Energy Bill Relief Scheme will be much welcomed by businesses across Great Britain, with the scheme applying to energy usage from 1 October 2022.
"Figures from the latest edition of Logistics UK’s Manager’s Guide to Distribution Costs show that total vehicle operating costs have increased by 16.7% in the six months to 1 July 2022, as fuel, insurance premiums, business overheads and maintenance costs – such as tyres – have all increased. With operators also facing further costs as they look to decarbonise their fleets – and with many road operators transitioning to electric vehicles – Logistics UK is keen to work with government to explore what further support will be needed beyond the six-month period.”
Logistics UK is one of the UK’s leading business groups, representing logistics businesses which are vital to keeping the UK trading, and more than seven million people directly employed in the making, selling and moving of goods. With COVID-19, Brexit, new technology and other disruptive forces driving change in the way goods move across borders and through the supply chain, logistics has never been more important to UK plc. Logistics UK supports, shapes and stands up for safe and efficient logistics, and is the only business group which represents the whole industry, with members from the road, rail, sea and air industries, as well as the buyers of freight services such as retailers and manufacturers whose businesses depend on the efficient movement of goods.