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Unjust discrimination against buses
Page 49
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JT was with something akin to disbelief that the bus operating industry had heard that it was to be excluded from the Government's new investment incentive scheme, stated Mr. Raymond W. Birch, chairman of the Yorkshire Traction Co. Ltd., at the company's annual general meeting in London. He warned that serious
inroads would be made into the cash resources of the industry by the Government's changes in company taxation.
The exclusion of the industry from the investment incentive scheme was a disincentive to maintain vehicle renewals at their hitherto high standards. This unjust discrimination between manufacturers and service industries, following hard on the heels of other new and costly taxation legislation, was indeed a bitter pill to swallow.
It had been inflicted by a Government which loudly professed to understand the industry's current difficulties and to believe in the importance of public transport as a factor in the relief of ever growing road congestion.
Mr. Birch also said that it was perhaps encouraging that the employers' and trade unions' sides of the National Council had recently signed a joint declaration of intent with the express object of eliminating restrictive practices within the industry. In particular the company hoped that this would lead to its introduction of singlemanning of vehicles on suitable routes.