Tag Archives: midlands

Liz Lynne writes: Making the industrial strategy work in the Midlands

jaguarFor years people have been writing off our UK manufacturing industry and underplaying the part it plays in boosting the economy. In my view there has been too much emphasis on the service sector and not enough on manufacturing. I am therefore delighted about the announcement in the Autumn Statement on Capital Allowances. It is something that many people in industry have been calling for for years. By raising the allowance tenfold from £25,000 to £250,000, the government is encouraging investment in new plant and machinery, and providing an incentive for profitable manufacturers to invest in new capacity. This is a government decision that will create new long term jobs.

Posted in Op-eds | Also tagged | 1 Comment
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  • User AvatarToby Matthews 31st Oct - 4:19pm
    RC- Please note that the article specifically discusses reducing other taxes. Your other points seem to reiterate what I have already mentioned. LVT is not...
  • User AvatarJohnTilley 31st Oct - 4:14pm
    RC You are quite wrong when you say -- ".. But it is not realisable wealth unless you move somewhere else to live. It is...
  • User AvatarStevan Rose 31st Oct - 4:08pm
    This news was shocking. Disgraceful that Clegg should in any way defend it. Whilst there is undoubtedly a problem with refugees in the Mediterranean region...
  • User AvatarRC 31st Oct - 4:07pm
    @ Toby Matthews "LVT would be higher in London because wages are higher in London. Note that supermarket employees in London are paid more than...
  • User AvatarT-J 31st Oct - 3:56pm
    Ok, I admit that I lumped you in with a few other former LibDems turned Green members, apologies for that if you are now unattached....
  • User AvatarToby Matthews 31st Oct - 3:47pm
    Nobody is 'taking aim at London'. It has been mentioned many times here that much of London (tenants) has everything to gain from a free...