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...]
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...]
Record entry for RM Sotherby Veteran Car Run
With a remarkably mild London still shrouded in darkness, close to 400 pioneering veteran cars, their intrepid drivers, plucky passengers and hordes of enthusiastic well-wishers gathered in Hyde Park last Sunday. They were eagerly awaiting daybreak to signal the start of the much-loved RM Sotheby’s London to Brighton Veteran Car Run – the world’s … [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...]
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...]
Budget doesn’t go far enough down the road for drivers
The Budget announced today will continue freezing some costs for drivers, increase allowances but also delay implementing new charges as the Government struggles to work out how its going to calculate duties for electric vehicles to make up for lossses on petrol and diesel sales. Chancellor John Healey said he was concerned about rising fuel prices and the … [Read more...]
Pump prices & potholes head drivers’ Budget watchlist
As the Chancellor prepares to deliver the Autumn Budget tomorrow research from Close Brothers Motor Finance reveals which concerns are front of mind for motorists. It finds that more than half (52%) of drivers want the Chancellor to freeze or reduce fuel duty on petrol and diesel. The ongoing deterioration of the nation's road infrastructure is also a top … [Read more...]
Diesel drives inflation but do you need it – ask Motorpoint
Diesel drivers face an additional £504 in annual fuel costs compared with February with rising prices at the pumps are driving UK inflation higher. New figures from the Office for National Statistics reveal that the average diesel prices rose by 10.7p per litre between August and September 2026, with motor fuel costs making the biggest upward contribution … [Read more...]
Weekend roadtest: Lexus ES350e Premium
With maturity comes respect and in the age of electric cars, the Lexus ES has earned a place at the head of the queue. The new, eighth generation luxury saloon in 37 years has eschewed the trend towards SUVs and simply, but classically, redefined what many may consider a modern executive saloon. From the side it looks like a four-door coupe but is in fact … [Read more...]
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