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UK car manufacturing output up 31.6% UK car production output surged 31.6% The news follows recent announcements of significant investment into advanced automotive manufacturing, with some £4 billion committed by Government and industry combined in November alone, a massive vote of confidence in the sector.1 respectively.
The latest quarterly heavy commercial vehicle registration figures added some warmth and a sense of optimism to an autumnal week, with both the goods and passenger vehicle sectors posting impressive growth. This month, the North West became home to the UK’s first-ever dedicated public HGV chargepoint – good news indeed.
Less positive were the monthly results for the light commercial vehicle sector, where deliveries fell after a brief rebound in September, marking the lowest October for the UK’s van market since 2013. In good news, however, electric van registrations saw a 52.5% for pure electric vans, with further growth anticipated in 2023.
In his first full speech to Parliament, chancellor Jeremy Hunt said that the UK has "proved the doubters wrong" and confirmed that the country will not enter a technical recession in 2023. per cent by the end of 2023. Announcing the Spring Budget, Hunt stressed predictions that inflation rates will fall from their 10.7
Big firms hail permanent ‘full expensing’ – but some question whether it can help smaller companies British manufacturers have welcomed Jeremy Hunt’s announcement of permanent tax breaks for investment as the government tries to spur lagging UK productivity after years in the doldrums in its autumnstatement.
From Whitehall to welfare and pay to pensions, here is what Jeremy Hunt is likely to announce The chancellor, Jeremy Hunt, will set out the government’s plans for tax and spending on Wednesday in his much-anticipated autumnstatement.
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