Boat licences pegged to inflation

THE Canal & River Trust has announced today (Monday) that private boat licence fees for next year will rise in April 2015 by 1.6% in line with inflation, and will be increased by no more than inflation in 2016.

This is in line with the commitment given by the Trust in 2012 to limit boat licence fee increases, for three years from 2014, to inflation only.

Vital contribution

Dean Davies, Interim Head of Customer Services explained:

"Boaters make a vital contribution to the cost of looking after the waterways and bring so much more in terms of life and colour.

"By pegging the licence fee to inflation for three years to 2016, we are recognising the financial pressure that some boaters face, whilst the Trust also grows revenue from other sources to support our care for the waterways."