In light of the recent Autumn 2024 Budget, Car & Classic announces that classic cars are exempt from the increase in Capital Gains Tax (CGT), a change that could make them an attractive, tax-efficient investment. With CGT rising from 10% to 18% for the lower rate and from 18% to 24% for the higher rate, this exemption offers an advantage for those … [Read more...]
Newslines 11 October
Barry Island is seeing a proper tidy rise in customers as new trains and the return of some old favourites give the area a welcome boost. More than 100,000 people caught the train to the Island in July and August, a huge rise from 57,000 the previous year and some of that's put down to filming the final Christmas special of Gavin and Stacey comedy … [Read more...]
Businesses powering up for future
The number of businesses offering on-site electric vehicle charging will double in the next year, suggests research from Arval Mobility Observatory. Currently, 20% have charging available at their premises but the report reveals that this is planned to increase to 40% within 12 months. Shaun Sadlier, Head of Arval Mobility Observatory in the UK, said, … [Read more...]
Government EV plan must include CVs, says industry body
The £56 million funding announced yesterday by government to increase the provision of electric vehicle charge points must create provision for commercial vehicles, according to business group Logistics UK. This will be necessary if the industry is to hasten its transfer to Net Zero, said Senior Policy Manager at Logistics UK, Denise Beedell. “Figures … [Read more...]
Ultimate air b&b for F1 fans on show this weekend
As the home of British motorsport prepares to welcome record crowds at this weekend’s Grand Prix, new pictures have been released of the luxury residences currently being built just yards from Silverstone’s hallowed tarmac. Escapade Silverstone is an £80m development of two, three and four-bedroom residences next to the racetrack’s most legendary series of … [Read more...]
Full throttle drive to boost evs and manufacturing jobs
Car makers have called for millions of new charging points to be installed in Britain and for Government help towards building enormous factories to manufacture traction batteries for new cars if the UK is to hit its low and zero emissions goals. The Society of Motor Manufacturers and Traders ambitious plan, ‘Full Throttle: Driving UK Automotive … [Read more...]
Government failing on cutting carbon from cars
The Government must get its act together over reducing carbon emissions from cars or fail to achieve stated targets, according to the independent National Audit Office this morning. There is not enough detail in the Government plans to allow local authorities and businesses to plan for developing a strong charging network which will enable motorists to … [Read more...]
Brexit deal “unanswered questions” is concerning, says trade
The new, “thin” Brexit deal that is now in effect leaves many unanswered questions that could have serious implications for the UK motor industry, warns the Vehicle Remarketing Association. The trade organisation says that several key points surrounding the future of manufacturing and cross-border movement of vehicles remain vague or undefined. Sam Watkins … [Read more...]
Save Welsh bus services, Tories tell Welsh Assembly
Wales’ bus routes are ‘at risk’ and Welsh Conservatives call for increased support for bus companies during the Coronavirus lockdown. Information obtained by the Welsh Conservatives suggests that bus companies and the routes they operate are under threat as a specific grant for bus services in Wales to help them through the Covid-19 (Coronavirus) pandemic … [Read more...]
Newslines 5 June
Welsh Government has failed to deliver promised improvements to the A55 dual carriageway, claim Conservatives. The opposition party was commenting on a Welsh Government plan to consult on improvements between Llanfairfechan and Penmaenmawr which the Government had said would be started in 2017. Britain saw a 20 percent increase in sales of petrol … [Read more...]
