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Spring Budget 2024: What it means for the car industry
(Posted on 21/03/24)On March 6th, the UK Chancellor unveiled the Spring Budget, outlining a vision for lower taxes, improved public services, and increased investments. However, the automotive sector received minimal attention, leaving many industry insiders seeking clarity. While there were no changes to Benefit-in-Kind (BIK) rates or commercial...
Potholes Repair bill hits £16.3bn
(Posted on 20/03/24)In a bleak forecast for Britain's roads, experts warn that within 15 years, nearly half of the nation's road network could face catastrophic structural failure. This looming crisis comes with a staggering £16.3 billion shortfall in funds desperately needed to repair roads plagued by potholes and deterioration.A recent report...
Top Company Cars 2024
(Posted on 19/03/24)When it comes to choosing company cars, a few key factors stand out: spaciousness, cutting-edge technology, and low Benefit in Kind (BIK) taxation. Electric vehicles (EVs) are particularly attractive from a tax perspective due to their reduced emissions and consequent tax benefits. It's worth noting that the emissions of a vehicle...
Fuel Price Freeze
(Posted on 18/03/24)In the Spring Budget 2024, Jeremy Hunt announced a freeze on fuel duty for the next 12 months, delivering welcome news for drivers across the country. This decision comes as a relief for many, especially considering the challenging economic climate. The temporary 5p per litre cut, initially implemented in March 2022, will extend...
TOP PRIORTIES AS A FLEET MANGER
(Posted on 13/03/24)Whether your company operates in construction or logistics, the effectiveness of your fleet management strategy profoundly impacts overall success. Efficiently managing and optimising your fleet is paramount for maximising efficiency and achieving success.Fleet managers encounter a myriad of challenges, particularly amidst economic...
Barriers to the Adoption of Electric Vehicles
(Posted on 11/03/24)The adoption of electric vehicles (EVs) in the UK has seen significant progress, with sales surpassing a million units at the beginning of 2024. However, despite their growing popularity, several barriers continue to hinder their widespread adoption and progression.Consumer PerceptionMisconceptions and fears surrounding EVs persist...
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