Any Other Business – 25/09
The DVLA reckons it can raise a king’s ransom when it auctions off the car number plate SU11 TAN later this week. The agency has set a £1,500 reserve but thinks that demand for the regal plate could come closer to its record-breaking £113,000 sum for the 1 HRH plate four years ago thanks to “considerable” overseas interest.
While vanity plates are hardly the engine room of the economy, figures from the ONS over the summer showed that these sales of personalised plates contribute a whopping £2.3bn to GDP each year.