Automobili Lamborghini concluded the financial year 2021 with the best results ever in terms of sales, turnover and profitability, confirming a solid and winning strategy.
The Italian supercar maker saw sales rise 13%, turnover went up 19% and profits improved 20.2%, said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini.
The average annual cost of running a typical car has increased nearly £300 to £1,860, calculates comparethemarket.com .
That’s mostly due to rising fuel and insurance costs and the bill for petrol alone over the next 12 months is likely to be £955.
A tourist tax in Wales proposed by Welsh Government will ultimately harm the hospitality industry and economy, say opposition Conservatives.
Even if the money is ring-fenced, it will allow councils and other bodies to reduce or stop paying towards tourism projects so the new tax will not top up current spending but merely replace it.
Welsh Conservatives have renewed their calls for urgent action to regenerate towns and cities across the country following a concerning report by the Federation of Small Businesses Wales.
The report found 67% of people in Wales described their town centre or high street as “bad or bleak” with only 3% believing their town centre was “thriving” and business owners believe that rates are an unfair charge that hinders their viability and that town centre car parking was a big barrier to success.