Labour Market Shortages

26th September 2016

Lorry Driver Shortage: Will Government resolve crisis?
The lack of HGV drivers has very much been the word on the street for a significant length of time and we have seen over the past few years this progress to what those who work in the industry perceive as a potential national crisis. The UK’s supply chain is dependent on the industry and it follows that a driver shortage could be an additional barrier to achieving good real term growth in the UK. Potential reasons for this shortage (but not limited to) are:

  • Attractiveness to young people: the desire to be a lorry driver is just not there– hopefully the RHAs annual “Love the Lorry week” will help change this perception.
  • More experienced drivers may have retired earlier than planned due to recent changes in CPC requirements – let’s face it you wouldn’t look to teach your grandmother to suck eggs!
  • The cost of training: the significant cost of training along with the associated increased insurance premiums may kerb operators from taking this route. The good news hear is that from 1 April 2017, an improvement funding package for apprentices will be available of up to £4,500, with an additional £2,000 depending the apprentices age.

The Brexit storm has now settled and its looking like article 50 will be invoked next year, so unless the European Council and the UK decide to extend the period, the UK should be out of the EU by the end of 2019. If you ask me, saying good bye to the free movement of people will almost certainly add to the driver shortage problem and act as an incentive for hauliers to offshore operating centres.

Other items in Blogs
Ellen Carter
11th August 2022 Revisit your remuneration?

For many SME owner-managed businesses, the tax optimum director remuneration structure for many years has been one of a low salary accompanied by high dividends. This allows Companies to take advantage of low dividend tax rates and, in many cases, no employers national insurance to be paid by the company (if paid at the Secondary…

Jaimie King
10th August 2022 Seeing Double: New Recovery Loan Scheme begins

While one government-backed Recovery Loan Scheme (RLS) ends, another opens.   The previous RLS closed on 30th June 2022, but to follow this the government have introduced a new RLS scheme to support businesses through the out-turn of the pandemic, expected to be accessible after 1st August 2022.   The New Recovery Loan Scheme Government…

Charlie Whittle
10th August 2022 Annual Allowance for NHS pensions

What is the annual allowance? The annual allowance for the 2022/23 tax year is £40,000 and each year this is compared with your pension input amounts. Your pension input is defined as the increase or growth in the capital value of your NHS pension benefits across all pension schemes. Any growth in excess of the…

Jake Day
8th August 2022 TRS Registrations: This deadline may apply to you

  1st September 2022 – This deadline may apply to you!   If you hold property or investments on behalf of another person, HMRC may consider this as a reportable trust arrangement. This may mean that you need to register on the Trust Registration Service (TRS) before 1st September 2022.   New legislation now in…

Megan Turner
4th August 2022 Charity Commission annual return: Planned Changes

The Charity Commission has launched a consultation regarding changes to the annual return.   There are a number of new questions, taking the total questions from 36 to 52, although only 32 will be compulsory. The aim of the new questions is to make the annual return more comprehensive, by gaining information around charity’s income…

Ben Beech
3rd August 2022 MP’s call for Government to Introduce Essential User Rebate

The All-Party Parliamentary Group for Road Freight and Logistics has today (27 July 2022) urged the Government to approve the introduction of an Essential User Rebate of no less than 15 pence per litre for operators within the logistics sector to combat the effects of soaring fuel prices and inflation.   The call has come…