Word: britain
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...more environmentally friendly models can expect individual rebates of $3,172 from the German government. Buyers also get a break from paying road tax for at least a year. Similar scrapping schemes have been launched in recent months in France, Italy and Spain, while motor manufacturers in Britain are pleading with their government to follow suit. (See the 50 worst cars of all time...
...That might help explain the British government's hesitation to launch an initiative of its own. Almost 90% of all cars sold in the U.K. are imported, with most of those arriving from Continental Europe. So while 61% of those polled in a survey for Britain's Society of Motor Manufacturers and Traders said they'd likely take up such an offer, a British scrapping scheme "wouldn't be a huge boost to British car factories," says Garel Rhys, president of Cardiff University's Centre for Automotive Industry Research. "In a sense it would be the British taxpayer subsidizing factories...
...British government in January, for instance, should boost struggling carmakers' access to much-needed credit to fund areas like research and development. In London on March 11, British carmakers and banks gathered to kick-start the distribution of the loan guarantees. With car registrations forecast to slide 20% in Britain this year, the government will be hoping that it can still save its auto factories, and the jobs that go along with them, from the scrap heap...
...Carroll was the first police officer to be killed by Northern Irish terrorists in over a decade. "I had begun to take the process for granted and to regard the peace as irreversible," says Lord Bew, professor of Irish politics at Queen's University Belfast and a legislator in Britain's Upper House. "I was shocked to death [by the killings]," says Belfast native Jim McNally as he strolls along the city's Falls Road. "I just think it's awful. I don't think people were expecting it." (See pictures of Belfast at peace...
Easter Eggs. If you're planning to spend Easter in England, check out the Andaz, Hyatt's new brand, which is offering a stay at its Liverpool Street location, near Liverpool Street Station, for the cost of a chocolate Easter egg in Britain: 2.75 pounds ($4). Each week, starting March 10, the hotel will release a few rooms into the reservations system, which are available for stays between April 9 and 14. Hop to it! 40 Liverpool Street, London...