Wednesday, December 30, 2009

Car Scrappage Scheme

£900 million has been set aside by the UK government, apparently, to subsidise the car scrappage which pays owners £2,000 to trade in old cars when they buy new ones.

What a missed opportunity. Imagine if that amount of public money had been invested in green, local, micro-businesses rather than in an industry which is in serious decline anyway.

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