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In light of the continuing debate over the Labour Party’s plans to scrap the non-domicile rule, I feel it’s essential that The Baltic Exchange highlights the importance and value to the UK economy of the many foreign shipowners who reside in the UK and pay tax in the UK but also enjoy the benefits of non-domiciled status to ensure their global businesses are not brought into the UK tax net.
The Road Haulage Association (RHA) has responded to the Labour party’s promise to guarantee teenagers face-to-face careers advice in schools if it wins the General Election. The party has also pledged that its plans would focus on vocational as well as academic career routes.
The Road Haulage Association (RHA) is sponsoring a car in this year’s British Touring Car Championships (BTCC). Speedworks Motorsport’s Toyota Avensis, driven by the up-and-coming Tom Ingram, will carry the RHA logo throughout the full racing season calendar.
The giant American parcel delivery company has reached a conditional agreement to buy its Dutch counterpart for €4.4 billion. Besides boosting FedEx’s European network it will increase competition on UPS and DHL.
Moves by the German and French authorities to apply minimum wages on foreign drivers operating in their territories could have a major impact on the UK’s export drive.