UK's Car Scrappage Scheme Extended

The UK's car scrappage scheme is to be extended, Lord Mandelson has announced.

He said the scheme, which started in May and gives consumers £2,000 off a new car if they trade in one at least 10 years old, was running out of money.

The business secretary broke the news, called for by the car industry, in his speech to the Labour Party conference.

He said "we cannot do everything but that does not mean doing nothing" and said the scheme would be extended to cover 100,000 more cars and vans.

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source: BBC