Figures released today show that over half of the money put aside by the government to support it’s car scrappage scheme has already been used, 155,000 motorists have now taken advantage of the scheme that offers a £2,000 discount part funded by both the government and the manufacturer.
The government have made £300million available for the [...]

UK Business News
Entries from August 2009
Car Scrappage scheme reaches half way mark
John Williams - Tuesday 11.08.09, 11:45am
Tags: Manufacturing · Retail · Transport · UK Economy
UK Business:Record number of companies going into liquidation
John Williams - Friday 07.08.09, 12:05pm
Over 5,000 companies in England and Wales have gone into liquidation during the second quarter of 2009 according to official figures released today.
The number of companies going into liquidation has grown by a massive 39.1% over the same period in 2008, while the number of unemployed rose by 281,000 in the second quarter, the biggest [...]
Tags: Administration · Business News · Cash Flow · Small Businesses · UK Economy
UK Business:Governments ‘car scrappage’ scheme boosts July registrations
John Williams - Thursday 06.08.09, 15:35pm
There are signs that the government initiative introduced to boost new car sales in the UK is having some effect on the new car market, the latest report from the Society of Motor Manufacturers and Traders (SMMT) says that sales rose by 2.4% in July, the first annual increase in fifteen months.
Although there are no [...]
Tags: Manufacturing · Retail · Transport · UK Economy
UK Business:Court order ends Vestas workers ‘Fight For Green Jobs’
John Williams - Tuesday 04.08.09, 12:42pm
The UK governments failure to support workers involved in the ’sit in’ at the Vestas wind turbine company in Newport on the Isle of Wight has ended with the factory bosses winning a possession order against the remaining eleven workers still on site, involved in the protest.
The decision was greeted with boos and jeers by [...]
Tags: Business News · Environment · Manufacturing · UK Economy







