In light of soaring inflation, which is impacting the costs required to keep the waterways safe and navigable, the Canal & River Trust has annouced an inflationary rise of 4% in UK boat licence fees from 1 October 2022. This is in conjunction with cost saving measures that the Trust is taking and actions to increase income from other sources.
Whilst recognising that a second increase in fees this year is regrettable, the Trust is facing significant increases in a range of its costs – notably the prices of energy, fuel, materials and other construction costs which are rising by more than headline consumer inflation rates, Continue reading “UK boat licence fees set to increase from 1 October 2022”