catax

Industry investment plunges in Q3

Business investment in the logistics industry collapsed suddenly in the third quarter of 2021 as the sector continued to wrestle with the pandemic, says business tax relief specialist Catax.It said that the latest ONS data indicated that the transportation and storage sector, which includes rail freight, air cargo, haulage, logistics and warehousing businesses, as well as passenger air transport, saw net business investment decline 58.5% from £2.5bn in the second ... [+]