Cable Ties Noose on Car Industry Aid

29th June 2010 | 0 Comments
Cable Ties Noose on Car Industry Aid

UK coalition government business secretary Vince Cable has ruled out further publically financed direct support for the UK car industry. Additionally he cast doubt on plans made by the previous Labour government that would have subsidised early purchases of low-emission vehicles in 2011. Cable told London’s Financial Times on 29 June, “We don’t want to go around the country waving a cheque book.”

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