Daily:27th October 2021

SMMT reaction to the Budget

SMMT reaction to the Budget 27th October 2021 Wednesday 27 October, 2021 Mike Hawes, SMMT Chief Executive, said,  “The effects of the pandemic continue to hurt businesses across the sector – supply chain disruption, skills shortages and punitive energy costs. The Budget included some significant steps, most notably in adjusting business rates to allow relief on renewable energy and the extension of the super-deduction. Together with the Global Britain Investment Fund which provides £817m to support the transition of automotive manufacturing […]

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