Government growth review to focus on logistics

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The government is to focus on logistics in the next stage of its growth reviews, which were launched at the budget with the Plan for Growth.

The growth reviews aim to examine the conditions for logistics sector success, addressing the barriers to growth of the industry and putting private sector growth first when making decisions on tax, regulation and spending.

The review will cover rail, road, shipping and air freight interests and cut across the wholesale industry.

The government says it will work with the major trade bodies in the sector including the FTA, RHA, Rail Freight Group, CILT and SMMT, to ensure that policy outcomes are as relevant as possible.

Business secretary Vince Cable formally launched the next phase of the growth review during a visit to Rolls Royce in Derby.

“We are launching the second stage of the plan for growth with one central purpose – creating the right conditions for business to start up, invest, grow and create jobs,” he said.

“We are seeing the evidence this week of successful rebalancing of the economy towards exports and manufacturing, with the announcement of major commitments from Nissan and BMW, and today the commitment from Rolls Royce to an expansion of their Apprenticeship programme.”

The next phase of growth reviews will be published in the autumn. Other sectors being focused on are infrastructure, education and skills, mid-sized businesses, rural economy and open data.

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