{"id":8294,"date":"2024-09-12T09:18:47","date_gmt":"2024-09-12T09:18:47","guid":{"rendered":"https:\/\/camcab.co.uk\/budget-opportunity-to-support-warehousing-logistics\/"},"modified":"2024-09-12T09:18:47","modified_gmt":"2024-09-12T09:18:47","slug":"budget-opportunity-to-support-warehousing-logistics","status":"publish","type":"post","link":"https:\/\/camcab.co.uk\/budget-opportunity-to-support-warehousing-logistics\/","title":{"rendered":"Budget Opportunity to Support Warehousing & Logistics"},"content":{"rendered":"

Autumn Budget Opportunity to Support Warehousing & Logistics Sector says UKWA<\/strong><\/p>\n

The UK Warehousing Association (UKWA) has written to the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, ahead of next month\u2019s Autumn Budget to highlight the importance of the sector to the national economy and present the compelling case for government to support warehousing & logistics businesses.<\/p>\n

In line with its Policy Manifesto 2024, UKWA has focused on three key imperatives:\u00a0<\/p>\n

Business Rates<\/strong> \u2013 Addressing the \u2018unfair and punitive\u2019 basis for assessing business rates, which has put warehousing at a significant disadvantage.<\/p>\n

Rooftop solar power <\/strong>\u2013 Requesting incentives\/relief on investment in solar on warehouse infrastructure, while reforming regulation, energy distribution and local planning, to capitalise on the potential for the sector to double the UK\u2019s current solar power capacity.<\/p>\n

Skills & Labour \u2013 <\/strong>Urging industry apprenticeships to be modernised by adding the new UKWA Warehouse Manager CPC to the existing L3 standard, and ensuring levy funding can be used across all relevant training.<\/p>\n

UKWA CEO Clare Bottle says, \u201cWarehousing is one of the fastest growing sectors in the UK and, combined with the wider logistics industry, we contribute \u00a3165 billion Gross Value Added (GVA) to the UK economy. Furthermore, due to seismic shifts in consumer demand and exponential growth in ecommerce, the UK\u2019s warehousing footprint has grown by over 50 per cent in the last 10 years.<\/p>\n

Therefore there is a compelling case for the new government to support warehousing and logistics businesses by fostering a regulatory and fiscal framework that acknowledges our sector as a facilitator of trade and economic growth.<\/p>\n

While we welcome the government\u2019s early commitment to reform the National Planning Policy Framework, there is more to be done to unlock our sector\u2019s potential and, whilst recognising the need to \u2018plug the \u00a322bn black hole\u2019 in the government\u2019s accounts, we believe we have a strong case for investment and support in these three key areas.\u201d<\/p>\n

The new government\u2019s first Budget is scheduled for Wednesday 30 October 2024.<\/p>\n

Transport & Logistics<\/a>\u00a0\u2013 Driving The Industry Forward<\/p>\n

The post Budget Opportunity to Support Warehousing & Logistics<\/a> appeared first on Transport & Logistics Magazine<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Autumn Budget Opportunity to Support Warehousing & Logistics Sector says UKWA The UK Warehousing Association (UKWA) has written to the Chancellor of the Exchequer, the Rt Hon Rachel Reeves MP, ahead of next month\u2019s Autumn Budget to highlight the importance of the sector to the national economy and present the compelling case for government to support warehousing & logistics businesses.…<\/p>\n","protected":false},"author":0,"featured_media":1439,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-8294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-camcab"],"_links":{"self":[{"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/posts\/8294"}],"collection":[{"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/comments?post=8294"}],"version-history":[{"count":0,"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/posts\/8294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/media\/1439"}],"wp:attachment":[{"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/media?parent=8294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/categories?post=8294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/camcab.co.uk\/wp-json\/wp\/v2\/tags?post=8294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}