A MISSED OPPORTUNITY, SAYS RMIF
05 December 2005 - ReMIT

‘The pre-budget statement is a missed opportunity to help businesses: they continue to carry the costs as the Government’s tax collectors …

Business finance
Payroll administration
National minimum wage
Capital allowances
‘… these are just some of the vital retail motor industry business topics ignored by the Chancellor in his pre-budget speech today,’ said Matthew Carrington, chief executive of the Retail Motor Industry Federation (RMIF).

He continued: ‘We are extremely disappointed that opportunities to address issues within our sector have not been seized.

‘Also, there was no mention of any further reduction in the “gold plating” of EU Directives, which only serves to reduce the competitiveness of UK businesses.’

He ended: ‘We are pleased that the Chancellor has mentioned the importance of investing heavily in skills: at any one time, thousands of young people will be working towards qualifications with the RMIF’s training arm ReMIT (Retail Motor Industry Training). However, we note that issues of funding are still not being adequately addressed.’

www.rmif.co.uk

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