Business & Legislation
-
IGA Commits to Supporting Independent Garages Through Employment Rights Changes
The Independent Garage Association (IGA) supports independent garages as they prepare for the Employment Rights Act 2025, which is now in force. However, the most significant provisions affecting members will be phased in from April 2026. The legislation brings in new rules covering sick pay, harassment prevention and unfair dismissal rights. While most changes will […]
-
IGA Highlights Shortfall of Support for Independent Garages in Autumn Budget
The Independent Garage Association (IGA) has reviewed the measures announced in today’s Autumn Budget by the Chancellor, Rachel Reeves. While the decision to fully fund apprenticeships for under-25s in small and medium-sized enterprises (SMEs) is a welcome and positive step, much of the remaining Budget provides limited reassurance for independent garages across the sector. Beyond […]
-
IGA urges Government action as financial pressures mount on Independent Garages
Despite repeated calls for targeted support, independent garages once again find themselves overlooked at a time when rising costs continue to escalate across the sector. As of the 6th April, employers now pay 15% rate of National Insurance contributions (NIC) for their employees, up from 13.8%. The threshold at which employers begin paying NIC has […]
-
Press Release: IGA Comments on Bank of England Interest Rate Cut to 5%
“Today’s announcement from the Bank of England cutting the interest rate from 5.25% to 5% is positive news for our members at the Independent Garage Association and the sector as a whole. This rate cut may help reduce borrowing costs and improve cash flow for independent garage owners, potentially making it easier for them to invest in […]
-
Independent Garage Association Welcomes Government’s Commitment to Economic Stability and Growth
The Independent Garage Association (IGA) has responded to today’s King’s Speech. The speech outlined the government’s legislative programme, focusing on security, fairness, and opportunity for all, with measures to boost economic growth, improve corporate governance, and enhance employment rights. Stuart James, CEO of the Independent Garage Association, said: “We welcome the government’s focus on economic […]
-
Why a Dropping Inflation Rate is Great News for Your Independent Garage
Do you ever wonder how big economic changes impact your business? Let’s talk about something that’s been making headlines lately: the dropping inflation rate. While it might sound like a boring financial term, this is actually great news for your independent garage. Here’s why a lower inflation rate is a win for you. Cheaper Supplies […]
-
The top risks for UK businesses in 2024
The Allianz Risk Barometer is an annual global report identifying the top corporate risks for the year ahead. It’s based on the insight of over 3,000 risk management experts from 92 countries and territories including CEOs, risk managers, brokers and insurance experts and is being published for the 13th time. We take a closer look […]
