Get free updates - subscribe to our monthly newsletter Subscribe
As I am sure you are aware, the Chancellor gave his pre election budget today, with a few mentions towards the motor industry. In general the budget was extremely positive; the Chancellor took the time to highlight what the current government had done to help the UK economy.
One of the strap lines that will come from the budget will be get a “tenner off a tank with the Tories” which was mentioned with the announcement that the September 2015 fuel duty increase was going to be cancelled. This is great news and will be very helpful to haulage companies.
Further to this specific announcements were made in respect of government investment into the motor industry:
•The South West is to receive £7 billion of transport investment, it would be great for some of this to have been invested in the ‘Northern Powerhouse’
•The automotive industry is to receive £100 million investment “to stay ahead in the race for driverless cars”
If you like this article and would like our FREE updates sent straight to your inbox then subscribe to our monthly newsletterSubscribe
All content © 2015 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.
Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is 15 Victoria Place, Carlisle, CA1 1EW.
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is 15 Victoria Place, Carlisle, CA1 1EW. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited.
Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is 15 Victoria Place, Carlisle, CA1 1EW.