questionText: To ask the Secretary of State for Business and Trade, what estimate she has made of the number of road haulage businesses entering insolvency in 2023; and what steps he is taking to support that industry.
answerText: In 2023 in the UK, 494 companies with a SIC code 49410 - Freight Transport by Road - entered insolvency.At Autumn Statement 2023, the Government announced continuing support for haulage companies, freezing HGV Vehicle Excise Duty and the HGV Levy in 2024/...
heading: Freight: Insolvency