The FCA has set out its expectations for firms making full and final settlement offers during the partial suspension of its motor finance redress scheme. But there could still be disputes over settlements. Commenting, Hyder Jumabhoy, Partner at global law firm White & Case LLP and Global Co-head of its Financial Institutions Industry Group and EMEA … [Read more...]
Finance News
British supplier sees big numbers adding up in Italy
Italy can learn from Britain's £3bn private plate scheme, says expert. Italy's recent decision to let motorists personalise their number plates follows a path the UK has been on for decades, according to Mark Trimbee, CEO of UK private number plate specialist Regtransfers, who expects strong demand from day one if Italy plays their cards right. Prime … [Read more...]
Car registrations slowly rising but there’re worries ahead
The UK new car market rose 5.4% to 152,730 registrations in October, according to the Society of Motor Manufacturers and Traders. The performance marks the 11th consecutive increase, albeit at around half the growth rate seen across the first 10 months of the year after a bumper number-plate change September. Growth was recorded across all sales types. … [Read more...]
Van drivers carrying big fuel costs
Van drivers across the UK are facing higher running costs as fuel prices rise to some of the highest since 2022. UK government fuel price data, for the week commencing 26th October 2026, shows diesel costs on average £1.99 per litre and petrol £1.74 per litre. But according to current figures on UK Fuel Prices Live, some forecourts are charging up … [Read more...]
Fleet operators welcome Budget plans
The big surprise for fleets in last week's Budget was the extension to benefit-in-kind tables through to 2030–31, with only a one percentage point increase for electric cars, said Paul Hollick, chair at the Association of Fleet Professionals. He added, "This is good news, providing a high degree of certainty over a typical four-year cycle and beyond. The … [Read more...]
More used car shoppers clicking on EVs
Views of used electric cars on AA Cars website rose 49.6% in September compared with the same month last year, pointing to a sharp rise in interest among used-car shoppers. Views were also 37% higher than in August, according to the latest quarterly AA Cars Used Car Index. The September surge comes against a backdrop of high petrol and diesel costs. Page … [Read more...]
First drive: Changan Deepal SO5 Phev Max
Barely six months after launching its first mid-sized SUV pure electric model in Britain, China’s latest entrant has just strengthened and doubled its offering with the introduction of the plug-in hybrid derivative which has a range extender petrol generator. The Changan Deepal SO5 Ultra Phev is now on sale as the Birmingham based importer seeks to widen … [Read more...]
Fuel prices to soar next summer
Tradespeople, house movers and holiday hirers are being urged to use the next eight months to plan, after the Budget confirmed that the 5p fuel duty cut will end on 1 July 2027. It is especially bad news for people living or working in rural Wales. In his Budget on 28 October, Chancellor John Healey extended the temporary 5p per litre cut, and the freeze … [Read more...]
Welsh Labour “gaslighted” public over M4 plan – claim
Conservative Senedd member for the Vale of Glamorgan and Bridgend Andrew RT Davies has said Labour’s attempts to blame Brexit for its decision to cancel the M4 Relief Road are “gaslighting the public”. Mark Drakeford’s administration scrapped the project in 2019, despite the then Conservative Government pledging to fund it in full. Labour Senedd leader Ken … [Read more...]
St James’s Motoring Spectacle is history in heart of London
London’s largest and most spectacular free-to-attend car show returns to Pall Mall on Saturday, promising an unmissable celebration of motoring past, present and future in the heart of the capital. From pioneering veteran vehicles and legendary racing machines to iconic family cars, seminal supercars, cutting-edge electric vehicles and some of the world’s … [Read more...]
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