David Goodyear, commercial director, epyx, said:
“Our view of the Budget is that the main news for fleets and dealers is not in the obvious headlines such as the freezing of fuel duty. The interest lies more in the downgrading of the economic outlook for the rest of the decade. There is certainly no cause for major concern – the OBR is looking at growth of more than 2.0% every year until 2020 – but it is a reminder that while the economy is doing well, it remains potentially vulnerable, especially to wider trends in the world economy. This means that no-one across any of the fleet and motor industry can afford to lose concentration when it comes to identifying new efficiencies in their business on an ongoing basis.”
