Ease of charging, distance travelled on one charge and saving money are the top considerations for drivers when it comes to buying an electric car. In a national Opinium survey of 2,000 UK drivers, commissioned by InsuretheGap, a leading supplier of Guaranteed Asset Protection insurance for new and second-hand cars, four-fifths of drivers answered what would make them more likely to buy an … [Read more...]
The cost to park: Cardiff commuters and residents
For many Brits, commuting is a part of everyday life, with trains being one of the most popular modes of transport for those travelling to work in some of the UK’s biggest cities, with 1.7 billion Brits travelling by rail each year. Traveling by train every day is also the most expensive modes of transport, due to costly monthly tickets and the additional charge of parking near the train station. … [Read more...]
Fuel prices hit four year high
August saw yet another rise in the price of both petrol and diesel meaning that prices have gone up for eight of the last 12 months making both fuels 13p more expensive than this time last year, new RAC Fuel Watch data reveals. Pump prices continue to creep ever upward with unleaded increasing by 1.65p to 130.59p and diesel by 1.32p to 132.19p in the month. A year ago, however, petrol was … [Read more...]
Product recalls growing threat to profits and reputation
Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade. This is bringing the potential for larger and more complex losses than ever before, warns insurer Allianz Global Corporate & Specialty in a new report. It highlights the automotive industry as being the most impacted by product recalls, … [Read more...]
Bus commuters save enough to heat homes
New national research has found that people who use the bus to commute are on average £1,000 better off than those travelling to work by car. Despite lower fuel prices, bus travel costs are around 55% cheaper than the same commute by car, saving passengers an average of around £95 a month, according to the study. The average annual savings of £1095 would be enough to cover the entire annual … [Read more...]
Motorists will face uncertainty of Brexit for years, says AA
The AA stresses there are many unanswered Brexit questions and that it will take months, possibly years, to negotiate a complete picture for motoring and the motor industry in the UK. The following is the AA's best understanding of the immediate implications. Fuel Prices In terms of the price of petrol at the pumps, there will be a period of instability as the market begins to … [Read more...]