UK Government Bail Outs: Why Cars and Not Windows?
In a well publicised bid to perk up the declining car industy, the UK government this year offered the car industry a bail out package worth potentially nearly two and a half billion pounds.
The scrapage scheme, which can save drivers two thousand pounds on their new car, has, despite its many detractors, boosted sales for some manufacturers - Hyundai stated that its new orders for the period April 23 to June 7 2009 have amounted to 8,246, according to Reuters.
This has left many in the double glazing industry wondering whether this exclusive bail out (which Lord Mandelson claimed was ‘no bail out’) will be extended to cover window fitting companies.
With double glazing firms feeling the pinch, just like all businesses in the UK at the moment, sales have been falling, and the number of double glazing companies who have gone bankrupt has risen to worrying heights.
Especially worrying for those consumers who have been left in the lurch.
Any downturn in sales will be knocked onto manufacturers instantly, and it seems questionable that the government should focus on the car industry, which produces expensive, polluting products, and not the home improvements industry and specifically the double glazing industry, where money saving and environmentally friendly windows are produced.
