Logistics

(asked on 19th December 2023) - View Source

Question to the Department for Transport:

To ask His Majesty's Government what assessment they have made of the value of the logistics sector to the economy.


Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 22nd December 2023

The Department for Transport has not made an assessment of the economic impact of the decline in the UK’s ranking in the World Bank’s Logistics Performance Index (LPI).

According to the latest available data published by the Office of National Statistics (ONS), the Transport and Storage Sector contributed £83.5 billion Gross Value Added to the UK economy in 2021. It should be noted that this figure includes some sub-sectors not specific to logistics. A breakdown by sub-sector is available within the ONS published Annual Business Survey statistics.

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