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.
With forecourt crime costing the economy an estimated £40million a year, petrol retailers across England and Wales have been threatened by police authorities refusing to investigate ‘drive-offs’* and other forecourt crimes if budget cuts were implemented.
Brian Madderson, Chairman of the Petrol Retailers Association (PRA) comments, “The PRA welcomes the announcement of the maintenance of police budgets, following news that the Home Office recently established a Forecourt Crime Senior Steering Group with funding for at least 12 months.
Chancellor George Osborne’s 2015 brought a number of headlines to the automotive industry this time round. With relevant decisions focusing on autonomous car development and fuel duty freezes, this year’s budget went some way to underline the importance of the UK automotive sector to wider economic growth. In a move that will affect many in […]
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