Name: Claire Donovan Dept: Operations Date: 22 July 2009 BRIEFING FOR EMPLOYERS TITLE: The Automotive Industry in the UK – House of Commons Business and Enterprise Committee report on support for the industry CD/LT MAIN POINTS (cont):
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Date: 22 July 2009
BRIEFING FOR EMPLOYERS
TITLE:The Automotive Industry in the UK – House of Commons Business and Enterprise Committee report on support for the industry
OBJECTIVE: to inform Semta’s employers regarding the content and likely impact of the report.
SUMMARY: The Business and Enterprise Select Committee inquiry into the effectiveness of the Automotive Assistance Programme (AAP) and other automotive industry support measures has found that the government is committed to the future of the industry, but that support measures are slow to impact on industry, and that too many companies are excluded due to restrictive eligibility criteria.
SEMTA VIEW: In Semta’s evidence to the inquiry, we highlighted the fact that the eligibility criteria meant that small firms were excluded. We are delighted that one of the key recommendations of the Committee was a lowering of the loan guarantee threshold to enable smaller firms to benefit from the Programme. We also recommended that the government implement industry support holistically, integrating and considering the impact of other schemes wherever possible. The Committee similarly calls for a clear coherent strategy, to maximise impact.
BACKGROUND: The Business and Enterprise Committee launched a short inquiry into the effectiveness of the Automotive Assistance Programme and other forms of government support in March 2009. The Committee asked for evidence relating to eligibility criteria, impact of the Programme, and other measures which might be of benefit.
Sources: Committee report, Semta’s evidence to the Committee - http://www.semta.org.uk/employers/skills_policy/select_committees/automotive_assistance_programm.aspx