Originally posted @ 3:27 pm, Mon 28th Sep 2009
Car Scrappage scheme extended.
Peter Mandelson's announcement today that the car scrappage scheme will be extended by 100,000 vehicles is very welcome and really emphasises the difference between a Labour Government who are seeking to help business during the recession, and the Tories who would let the recession takes its course.
It's good news for South Derbyshire, in which Toyota have a car factory (at Burnaston). Toyota are already on record as welcoming the scheme and were seeking its extension.
The Tories meanwhile have said they would let the recession take its course. Their ideology stopped them from even considering such an idea.
I was pleased to witness the announcement from the conference floor in Brighton today. This is great news for South Derbyshire families and businesses.
Extracts from Peter Mandelson's speech include -
As we get closer to the election, I want to see ... Tory candidates across the country explaining why they wouldn’t provide the money to help small businesses and families in this recession when they needed it most. No extra money to boost family incomes. No money for the tax deferment for business and no VAT cut. No additional money to help those who have tragically lost their jobs. No funding for the car scrappage scheme. ...
There are encouraging signs that the economy is picking up. But recovery remains fragile and uncertain, especially in manufacturing and one of its cornerstones, the car industry. Our car scrappage scheme has been so successful the money is running out. The industry has asked that the scheme be topped up. Conference, we cannot do everything but that does not mean doing nothing. So today I am extending our popular car scrappage scheme with extra money for an additional 100,000 cars and vans.
Previous coverage -
from the Derby Telegraph
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