Newsletter
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Issue 9 - 05th March 2021
Welcome note from Sue Robinson
Dear Colleague, This week, the Chancellor gave his Budget speech announcing a number of measures that are relevant to dealers. In particular, the business rates holiday and the furlough scheme have been extended, the fuel duty will remain frozen for another year, whilst the corporation tax will increase to 25% from April 2023. Please find more details in the news. New passenger car registration figures for February showed that the...
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05th March 2021
NEW CAR MARKET DOWN AS DEALERS LOOK FORWARD TO REOPENING
The new car sales decline in February was expected as the national lockdown continued, but looking ahead, with showrooms due to reopen soon and significant pent-up demand, dealers are optimistic.New...
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05th March 2021
Chancellor sets out economic recovery plan in Budget...
Chancellor of the Exchequer Rishi Sunak has set out a range of new measures to support the UK’s economy during the pandemic, as well as supporting an economic recovery as lockdown restrictions are...
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05th March 2021
LIGHT COMMERCIAL VEHICLE MARKET GROWS DRIVEN BY ‘DELIVERY...
Registration of light commercial vehicles grew in February as order placed a few months ago and the delivery boom supported the market Light commercial registrations rose 22% in February according to...
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05th March 2021
MILS CASE STUDY: Recruitment and Discrimination
“We are recruiting for a new technician. I have been through the applicants and there are two strong candidates. The most qualified candidate however has said in his application form that he suffered...
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05th March 2021
Northern Ireland reopening plan
The Northern Ireland Executive has published its approach to reopening the economy following lockdown restrictions. The plan outlines how restrictions can be eased across nine different pathways,...
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05th March 2021
Auto Trader’s market indicators point to strong retail...
According to the latest results from the Auto Trader Retail Price Index, which is based on daily pricing analysis of circa 900,000 vehicles, the average price of a used car in February was £14,096: a...
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05th March 2021
Get ready for the rush
59% of in-market car buyers move purchasing plans to expected dealership reopening date of April 12, says What Car? Expectations of a huge surge in car-buying when showrooms in England reopen have...
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05th March 2021
Updated Rates of Vehicle Tax from April 2021
During his Budget speech, the Chancellor announced the changes that will face Vehicle Excise Duty (VED) rates from 1 April 2021. The Chancellor announced: an increase in VED rates for cars, vans and...
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05th March 2021
“Drivers of Change” award returns, in partnership with...
Drivers of Change returns to attract emerging talent across three key sectors: technology, digital and retail; winners will be offered a prize of £5,000 plus networking. Autocar and Ennis & Co...
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