Skip to main content

UK Major Ports Group comments on UK 2020 budget

Published by , Editor
Dry Bulk,


The UK Major Ports Group (UKMPG) has responded on the proposed UK 2020 budget.

Following the UK government’s recent budget announcement, Tim Morris, Chief Executive of the UKMPG, said: “We welcome the emphasis on measures to level up prosperity across the UK in the budget. It is crucial that coastal communities around the UK benefit from these measures. Extra funding for transport infrastructure and digital connectivity, as well as a review of the rules of how infrastructure projects are assessed, are all very welcome. However, we are concerned about the announced changes to fuel duty. These increases risk inflicting a £120 million cost penalty on the UK’s main gateways for trade and would lead to virtually no environmental improvement for port regions. We’ll be meeting with the government to discuss measures that can have a better and more viable impact.

Read the article online at: https://www.drybulkmagazine.com/ports-terminals/12032020/uk-major-ports-comments-on-uk-2020-budget/

You might also like

 EnviroTech

Ready to revolutionise the cement industry?

Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your early bird tickets NOW »

 

Port of Maputo achieves record volume

Maputo Port Development Co. has announced its annual results, highlighting significant growth and consolidating its position as one of the region's main economic drivers.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Dry cargo news