Autumn statement Archives

Autumn Statement – NFDA “concerned” at possible electrification setback

The Autumn Budget offers a balance of positive infrastructure measures and concerns over the support of car parc electrification, according to Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA). A variety of measures affecting the British automotive industry were set out in the Thursday 17 November Autumn Statement by the Chancellor, Jeremy Hunt. “As a whole, the Autumn budget announced today promises growth and investment that the UK so desperately needs,” Robinson said. “Whilst there are positive notions in areas such as business rates and infrastructure investment, NFDA is concerned that the removal of tax exemption for EV owners could set back the objective of electrification and increasing the number of electric vehicles sold in the UK, in a bid to reach the ever-challenging 2030 targets.”

18th November 2022/by Andrew

RMI applauds ’positive’ Autumn Statement

UK News

The RMI applauds the Chancellor’s confirmed commitment in ‘rebuilding Britain’ and an industrial strategy for the automotive sector for a decade in the recent Autumn Statement.

“Also, it is positive to see the extension of the small business rate relief scheme for a further year which will benefit 600,000 small businesses”, said Sue Robinson, RMI Director.

27th November 2015/by Tyrepress Editors

Green light for driverless car testing

UK News

Four UK cities have been chosen to find out how driverless cars might fit into everyday life. £10 million of funding from Innovate UK has given the green light for testing innovative driverless cars in the real world as announced by George Osborne in last week’s Autumn Financial Statement. Greenwich (south east London), Milton Keynes and Coventry (working together as one project) and Bristol will run formal trials lasting between 18 and 36 months from January 2015.

17th December 2014/by Tyrepress Editors

Tax discs to go: Chancellor bins 92-year old system

Premium, UK News

Just under a century after its introduction, Chancellor George Osborne has announce announced that tax discs will be withdrawn in favour of the electronic register already in operation. Of course, this doesn’t mean an end to vehicle excise duty (VED), just the system by which it is administered. An increase in the use of ANPR (Automatic Number Plate Recognition) equipment is expected in order to enforce the paperless tax regime. The changes due to take effect in October 2014.

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5th December 2013/by Tyrepress Editors

FTA asks Chancellor for commitment on fuel duty

UK News

The Freight Transport Association has written to the Chancellor of the Exchequer ahead of his Autumn Statement on 5 December, asking him to confirm his commitment to freeze fuel duty until 2015 in order to stimulate economic growth and give businesses confidence to invest in the future.

The Chancellor, George Osborne, has shown a continuous reluctance to increase fuel duty, and in his speech to the Conservative party conference in September he said that he wanted to freeze fuel duty for the rest of this Parliament. However, this came with the significant caveat “provided we can find the savings to pay for it.”

25th November 2013/by Tyrepress Editors

Fuel campaigners lobby MPs

News

On 21st November, as part of the on-going build-up of political pressure in advance of the Autumn Statement, the Road Haulage Association joined fuel campaigners at the Palace of Westminster to tell MPs, face to face, about the hardship being forced upon their constituents as a result of high fuel prices.

"Each of the supporting groups gave a short presentation to the MPs present", said RHA Chief Executive Geoff Dunning. "We were able to provide them with a stark list of facts and figures that really pushed the message home. The good news is that those present certainly appeared to be genuinely concerned".

22nd November 2012/by Tyrepress Editors

PRA welcomes fuel duty news

News

The RMI Petrol Retailers Association (PRA), which represents independent forecourt across the UK, positively welcomes the Government's decision to not go ahead with the 3 pence-per-litre (ppl) fuel duty increase in August.

Brian Madderson, PRA Chairman commented “PRA has lobbied against the planned August increase since its announcement in Autumn 2011. PRA believe that fuel tax unfairly penalises low income earners, single families and rural communities that often have poor public transport alternatives. There is evidence that driving habits are changing as consumers struggle to balance their household budgets.

28th June 2012/by Tyrepress Editors

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