Industry hails ‘mini-budget’ tax cuts but calls for longer-term support

The new Chancellor's significant package of tax cuts has been largely welcomed by the haulage and logistics sector, which has been specifically designed to help support business growth.

Logistics UK said Kwasi Kwarteng's 'mini budget' provided flexibility to haulage firms, including SMEs, with changes to IR35 and national insurance contributions particularly welcome.

Kate Jennings, policy director at Logistics UK, praised the government's action to help address energy prices and she said: "Investment zones to support further industrial and commercial developments [...]

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