According to the front page of The Times yesterday “just 63,225 new cars” were sold last month, making for the “worst figures since 1966”. Manufacturers have warned that job losses and plant closures may lie ahead.
In Runnymede, we’re also feeling the pinch.
According to the ’Corporate and Business Services Financial Monitoring Statement’ presented to the Corporate Management committee on Thursday, the £127,000 we could have expected to have earned as a result of local land charges at this point in the financial year has, to date, only amounted to £77,000 in the period ending July 31st – a shortfall of £50,000.
Need more proof we’re in a recession?
