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.... . The credit card market has already been scrutinised, particularly in relation to zero-interest rate balance transfers - when credit card debt is rolled over onto a new card - which can provide free borrowing for up to 43 months. ... [Read full article on Guardian ]
Monday 18th of September 2017 05:34:39 PM
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....Households might cope with a move to 0. 5%, but if a rate increase augurs a sustained move against cheap borrowing and persistent inflation, then a wider rethink of ambitions, from getting further up the housing ladder to buying a new car, will be needed. ... [Read full article on Guardian ]
Sunday 17th of September 2017 05:59:33 AM
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....The summer of love for battery cars prompted newspaper editorials heralding the end of the internal combustion engine. One bank even forecast that all new car sales in Europe would be electric within two decades. ... [Read full article on Guardian ]
Friday 15th of September 2017 01:35:15 PM
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....3 million people in the UK with problem debts while the government’s official economic forecaster, the Office for Budget Responsibility, has predicted that unsecured consumer debt – which includes loans, credit cards, overdrafts and car financing – will soar as a proportion of national income over the next four years back above its previous peak in 2007. Reeves, Labour MP for Leeds West – who was speaking in a personal capacity – said she was shocked at the sharp rise in borrowing to finance new car purchases and soaring credit card debts. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:07 PM
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....A visit to the car showrooms around north London gives a stark illustration of how British consumers have driven themselves almost £60bn into the red. Seemingly cheap financing deals offer the opportunity to drive away a brand new car less than two weeks from signing on the dotted line. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:24 PM
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. There has been a significant increase in the number of new cars on Britain’s streets in the last three to four years, with vehicle registrations increasing to a record high of 2. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 12:50:45 PM
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Latest Finance News related to New Car

How to look after your car and reduce depreciation cost image
Source : Daily Express [Read Article] Wednesday 20th of September 2017 08:31:00 AM
. A new car loses up to 20 per cent of its value upon leaving the showroom and what happens after depends on factors such as the make, model and even colour. ...
What you need to know about car loans image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:45 PM
Car finance: the fast lane to debt? image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:24 PM
....A visit to the car showrooms around north London gives a stark illustration of how British consumers have driven themselves almost £60bn into the red. Seemingly cheap financing deals offer the opportunity to drive away a brand new car less than two weeks from signing on the dotted line. ...
Public inquiry needed into UK's £200bn debt crisis, say senior MPs image
Source : Guardian [Read Article] Tuesday 19th of September 2017 12:50:07 PM
....3 million people in the UK with problem debts while the government’s official economic forecaster, the Office for Budget Responsibility, has predicted that unsecured consumer debt – which includes loans, credit cards, overdrafts and car financing – will soar as a proportion of national income over the next four years back above its previous peak in 2007. Reeves, Labour MP for Leeds West – who was speaking in a personal capacity – said she was shocked at the sharp rise in borrowing to finance new car purchases and soaring credit card debts. ...
Britain's debt time​bomb: FCA urges action over £200bn crisis image
Source : Guardian [Read Article] Monday 18th of September 2017 05:34:39 PM
.... . The credit card market has already been scrutinised, particularly in relation to zero-interest rate balance transfers - when credit card debt is rolled over onto a new card - which can provide free borrowing for up to 43 months. ...
Don’t dismiss bankers' predictions of a bitcoin bubble – they should know image
....Households might cope with a move to 0. 5%, but if a rate increase augurs a sustained move against cheap borrowing and persistent inflation, then a wider rethink of ambitions, from getting further up the housing ladder to buying a new car, will be needed. ...
Driving force: are electric cars crowding out traditional engines? image
Source : Guardian [Read Article] Friday 15th of September 2017 01:35:15 PM
....The summer of love for battery cars prompted newspaper editorials heralding the end of the internal combustion engine. One bank even forecast that all new car sales in Europe would be electric within two decades. ...
Global shockwaves from electric cars will be here sooner rather than later image
Source : Guardian [Read Article] Sunday 10th of September 2017 06:00:29 AM
.... Elon Musk’s Tesla delivered the first production versions of its mass market Model 3. The UK and France said sales of petrol and diesel cars would be banned from 2040, while a bank predicted all new car sales in Europe would be electric five years before that. ...
Uber: London drivers must use hybrid or fully electric cars from 2020 image
Source : Guardian [Read Article] Friday 8th of September 2017 11:27:48 AM
....”. Uber’s 40,000 licensed drivers in London will also be given financial assistance to switch to a new car, with grants of up to £5,000 towards a hybrid or fully electric car. ...
Jaguar Land Rover to make only electric or hybrid cars from 2020 image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:46:15 AM
....The UK-based manufacturer promised that all new models from 2020 will be fully electric or hybrid, a year later than Volvo’s target, but a big step beyond its unveiling last November of a single electric concept car. The plan comes after the Scottish government said it would phase out the need for petrol and diesel cars by 2032, eight years earlier than the UK and French targets of banning sales of new cars with internal combustion engines. ...
The rise of SnappCar, the business that lets you rent out your car image
Source : Guardian [Read Article] Monday 4th of September 2017 08:02:59 AM
.... “We believe there are enough cars to fulfil the needs of the people,” he says. “It’s a little strange that while you have cars idling on the streets, you add new cars to share. ...
We’re addicted to debt and headed for a crash. It could be worse than 2007 | Zoe Williams image
....The sources of all this debt are changing: about half the net increase was in personal contract purchase car loans. Four in five new cars are now bought by PCP – an inherently unstable system that leaves both consumers and car manufacturers exposed. ...
Five more carmakers launch UK scrappage schemes as sales falter image
Source : Guardian [Read Article] Friday 1st of September 2017 05:16:48 PM
....Volkswagen unveiled a new diesel scrappage scheme, the latest in a series of manufacturers to do so. The schemes come after faltering new car sales, which have dropped off in the UK after years of growth. ...
A £7,600-plus service charge on my flat above a shop is bankrupting me image
Source : Guardian [Read Article] Friday 1st of September 2017 12:17:45 PM
.... It’s not as if we haven’t maintained the building – we have. We put down a new carpet throughout the communal corridor, we painted the whole thing, we had a whole new felt roof put on, and we even put up scaffolding at a cost of £2,000 to resolve a leaking downpipe”. ...
British trains 'up to four times slower outside the south-east' image
Source : Guardian [Read Article] Monday 28th of August 2017 08:35:07 AM
....Paul Plummer, the chief executive of the Rail Delivery Group, which represents train operators and Network Rail, said: “It’s misleading to compare stopping services with intercity services, which are faster because they stop at fewer stations, but of course we need to continue investing to keep improving journeys across the country. “Rail plays a vital role in connecting communities and driving economic growth across the country, which is why the industry is working together to deliver projects such as Great North Rail and introduce over 5,500 new carriages and 6,400 extra services a week by 2021. ...
Jet and lorry fuels made from rubbish to receive UK funding image
Source : Guardian [Read Article] Monday 28th of August 2017 06:18:18 AM
.... We are making funding available to innovative businesses, which will lead the way in developing alternative fuels that are efficient, sustainable and clean. “We want every new car and van in the UK to be zero-emission by 2040, but we know lorries and aeroplanes will rely on more traditional fuels for years to come, so we must promote environmentally friendly alternatives. ...
UK 'can halve oil imports by banning new petrol and diesel cars in 2030' image
Source : Guardian [Read Article] Thursday 24th of August 2017 11:01:33 PM
....The government has announced plans to ban the sale of conventional combustion engine cars and vans by 2040 as part of its efforts to tackle air pollution and climate change, a move the groups welcomed as a step in the right direction. But a stronger ambition for all new cars and vans to produce zero emissions by 2030 could reduce UK foreign oil imports by 51% in 2035 compared to current projections, as well as cut pollution and boost investment in UK infrastructure such as charging points. ...
Weak pound is hitting spending rather than boosting UK trade | Larry Elliott image
.... A year after the sharp depreciation of the pound in the wake of the Brexit vote, household spending growth has virtually stalled. Some of that was due to consumers bringing forward purchases of new cars in order to beat changes in vehicle excise duty but for the most part it was a response to the squeeze on living standards caused by the sterling-induced jump in the cost of living. ...
Ford launches scrappage scheme offering at least £2,000 for any brand image
Source : Guardian [Read Article] Monday 21st of August 2017 11:01:05 PM
.... Removing generations of the most polluting vehicles will have the most immediate positive effect on air quality, and this Ford scrappage scheme aims to do just that. “We don’t believe incentivising sales of new cars goes far enough and we will ensure that all trade-in vehicles are scrapped. ...
UK car buyers turn to secondhand vehicles image
Source : Guardian [Read Article] Wednesday 16th of August 2017 03:16:50 PM
....Dealership car finance, through loans offered to car buyers at the point of sale, has been growing rapidly in recent years and in total was worth £58bn at the end of March, according to Threadneedle Street. “While the new car market is going to continue to stutter for the rest of the year, we could still see the used car market surging as people switch from new to secondhand motors,” said Alex Buttle, of car buying comparison website Motorway. ...
The UK debt tide is rising – how can you avoid drowning? image
Source : Guardian [Read Article] Monday 14th of August 2017 06:00:35 AM
.... Sometimes you can walk down a street and you can look at the cars and think ‘how can they afford them’; and the answer is most of them are on finance,” she said. “The car industry has found a way to keep people changing their cars after three or four years, getting another new car each time. ...
10 years after the crash, alternatives are emerging | Letters image
Source : Guardian [Read Article] Thursday 10th of August 2017 06:12:03 PM
....• On Wednesday, the 10th anniversary of the financial crisis, I popped into my local HSBC bank. The cashier suggested I should take out a loan to “treat yourself to a new car”. ...
Mazda boosts petrol engine efficiency in fresh blow to diesel image
Source : Guardian [Read Article] Tuesday 8th of August 2017 06:06:32 PM
.... In the UK, the government has announced it would ban the sales of new petrol and diesel cars from 2040 amid fears that rising levels of nitrogen oxide pose a major risk to public health, putting an end date on the life expectancy of traditional combustion-engine powered vehicles. Volvo recently announced all its new cars would be built with electric or hybrid engines from 2019, while Silicon Valley-based electric car company Tesla recently started delivering its more mass-market aimed car, the $35,000 Model 3, which can travel up to 310 miles between charges with an extended range battery. ...
Brexit uncertainty blamed as UK car sales fall for fourth month image
Source : Guardian [Read Article] Friday 4th of August 2017 10:06:43 AM
....Sales fell 9. 3% in July to 161,997 new cars as consumers and businesses grew increasingly reluctant to commit to major spending decisions. ...
Carmakers accused of 'clutching at straws' over retrofitting polluting diesels image
....She said if the car makers were serious about reducing their role in the air pollution crisis they should ditch diesel and invest in electric cars. Volvo last month became the first carmaker to announce all its new cars would be electric or hybrid from 2019. ...
Santander cuts back lending amid Bank of England concern over personal debt image
.... Net lending – which takes into account how many people remortgaged away from Santander – fell over the half year by £200m. Net consumer finance lending – covering car loans and credit cards – fell to £97m from £266m, partly due to “a decrease in the stock of new car registrations”. ...
Carmakers say fossil-fuel vehicle ban will dent industry and stall sales image
Source : Guardian [Read Article] Wednesday 26th of July 2017 03:15:14 PM
. Britain’s car industry has warned that the government’s proposed ban on sales of new petrol and diesel cars by 2040 risks damaging the industry and stalling sales of new cars. ...
Britain to ban sale of all diesel and petrol cars and vans from 2040 image
Source : Guardian [Read Article] Tuesday 25th of July 2017 09:38:22 PM
....But it required local authorities to exhaust all other options before introducing CAZ charging for diesel vehicles, such as removing speed bumps and retrofitting buses. The coalition government had already set out a vision for almost every car and van to be ultra-low emission by 2050 – a move which the government acknowledged would require “almost all new cars and vans sold to be near-zero emission at the tailpipe by 2040”. ...
Quarter of personal loan applicants 'seeking half their annual salary' image
....Households in the UK are increasingly relying on borrowed money with one in four people seeking a loan applying for at least half of their annual income, according to new figures that will add to worries about Britain’s mounting personal debt burden. The latest evidence of a rise in borrowing to fund new car purchases, holidays and to help clear older debts follows a stark warning from the Bank of England that lenders offering money on easy terms risked sparking a fresh financial crisis. ...
Debt-ridden families a ticking time bomb for EVERYONE in Britain, Bank of England warns image
....Terms and conditions on credit cards and personal loans have become easier, while credit scores of new borrowers are lower than they were two years ago, according to the Bank of England heavyweight. Mr Brazier underlined worries in car finance, where Personal Contract Purchase (PCP) plans fund almost four in five new car purchases - up from one in five in 2006. ...
Southern rail gets lowest satisfaction score in passenger survey image
Source : Guardian [Read Article] Tuesday 25th of July 2017 10:14:23 AM
....The rail industry said it was pleased with the scores. Jacqueline Starr, of the Rail Delivery Group which represents train operators and Network Rail, said: “There is more to do which is why we are investing to improve and better connect communities across the country with major upgrades to the rail network, thousands of new carriages coming on track and 6,400 extra services a week by 2021. ...
Electric cars to account for all new vehicle sales in Europe by 2035 image
Source : Guardian [Read Article] Thursday 13th of July 2017 11:33:41 AM
. All new cars sold in Europe will be electric within less than two decades, driven by government support, falling battery costs and economies of scale, a Dutch bank has predicted. ...
Electric cars will fuel huge demand for power, says National Grid image
Source : Guardian [Read Article] Thursday 13th of July 2017 04:30:44 AM
....5GW, a smaller amount but still a similar capacity to the new reactors being built at Hinkley Point in Somerset. The forecasts are contained in the grid’s Future Energy Scenarios report, published just days after Volvo said all its new cars would be electric or hybrid from 2019 and France pledged to ban sales of new petrol and diesel cars by 2040. ...
Black cab turns green as all-new electric London taxi launches image
Source : Guardian [Read Article] Tuesday 11th of July 2017 11:50:20 AM
....Alan Filsell, a 61-year-old black cab driver dropping off a fare in central London, liked the new design but was unconvinced about its cost. While the company would not disclose the pricing for the TX, Filsell said: “They’re talking to us about £50,000 [for the new car]. ...
Electric car revolution: calculating the cost of green motoring image
Source : Guardian [Read Article] Saturday 8th of July 2017 08:00:03 AM
.... Battery-powered travel could be coming far sooner than previously thought. According to research published this week by Bloomberg New Energy Finance the proportion of fully electric new cars sold in the UK will be one in 12 by 2030 – up from one in every 200 today. ...
Will cheap car loans steer Britain to a financial crash? image
Source : Guardian [Read Article] Saturday 8th of July 2017 06:00:00 AM
.... Don’t worry – you can still drive away in a brand new Vauxhall Astra costing more than £16,000. The Car Finance Company has helped shift 80,000 new cars, saying that the Vauxhall Astra is its customers’ favourite, with more than 14,000 sold. ...
France to ban sales of petrol and diesel cars by 2040 image
Source : Guardian [Read Article] Thursday 6th of July 2017 01:20:06 PM
....India, where scores of cities are blighted by dangerous air pollution, is mulling the idea of no longer selling petrol or diesel cars by 2030, and said it wants to introduce electric cars in “a very big way”. The UK has an aspiration of all new cars being electric or ultra low emission by 2040, but has been criticised by campaigners and politicans for being slow to act on air pollution. ...
UK car sales fall in June for third month in a row image
Source : Guardian [Read Article] Wednesday 5th of July 2017 09:54:18 AM
....8% slide in April, according to the Society of Motor Manufacturers and Traders (SMMT). In the first half of the year overall, new car sales fell by 1. ...
All Volvo cars to be electric or hybrid from 2019 image
Source : Guardian [Read Article] Wednesday 5th of July 2017 09:25:25 AM
. All new cars launched by Volvo from 2019 onwards will be partially or completely battery-powered, in what the company called a “historic end” to building models that only have an internal combustion engine. ...
MPs and charities urge car leasers to publish sub-prime loan figures image
....MPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer lending is returning to levels seen before the 2008 financial crash. More than 85% of new cars in the UK are financed using loans – up from just over half in 2009 – but a lack of industry-wide figures sets car leasing apart from other sectors in the financial services industry that publish figures for arrears and defaults. ...
Can the Bank get Britain to kick its cheap credit habit? image
Source : Guardian [Read Article] Saturday 1st of July 2017 03:00:02 PM
.... It has made expensive 4x4s affordable for people with modest disposable incomes, and has transformed the streets of most European towns and cities. The Bank of England wants banks, which account for around half of car finance deals, to increase their reserves just in case the glut of new cars on the roads triggers a collapse in secondhand car prices. ...
‘I wish you all the best in the world of work’ – our work expert’s final response image
....Readers say. • I think it’s reasonable to take a job and make the right noises about career progression (as until you get on to your new career path you will be there and hopefully progressing), make sure you get stuck in and are seen to be hardworking … ensuring a good reference and a clear conscience if you leave sooner than they hoped. ...
UK financial watchdog investigates car loans market image
Source : Guardian [Read Article] Thursday 29th of June 2017 01:33:08 PM
....The Bank calculates there is £58bn of outstanding car dealership finance, with some 40% coming from banks. It says that 85% of new cars were bought with dealership finance in 2016 - up from about half in 2009. ...
UK car output fell 10% in May, says SMMT image
Source : BBC [Read Article] Thursday 29th of June 2017 08:48:04 AM
....Production of new UK cars fell by almost 10% last month compared with a year ago, latest industry figures show. The Society of Motor Manufacturers and Traders (SMMT) said 136,119 new cars were built in May, 9. ...
Google fine: EU is not waging underhand trade war against ​​US tech firms | Nils Pratley image
....You don’t have to be a central banker to know there is a mini-credit boom taking place in the UK. The evidence is the number of new cars on the road, many financed with loan agreements known as personal contract purchases. ...
Car finance: Is it time to go down the PCP and HP road? image
Source : Daily Express [Read Article] Sunday 25th of June 2017 01:27:00 PM
.... So is PCP the right manoeuvre for you? . As wages stagnate, paying the full list price on a new car is not easy. ...
Latest diesel car models remain highly polluting, tests show image
Source : Guardian [Read Article] Friday 23rd of June 2017 10:33:14 AM
....From September, new diesel models will have to pass stricter, more realistic driving tests, although they will still be allowed to emit double the official limit to allow for suggested uncertainties in the measurements. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, which represents the UK motor industry, said: “What has been proven by official UK government emissions tests is that new cars meet legal requirements. ...
Bank of England doves right to thwart hawks seeking interest rate rise image
Source : Guardian [Read Article] Thursday 15th of June 2017 01:18:37 PM
....The third is that the state of the economy favours the five MPC doves. Households are spending less, the housing market is weak, new car registrations have plunged and wage growth has fallen back, even though more people are in jobs. ...
Are cheap car loans the vehicle taking us to the next financial crash? image
Source : Guardian [Read Article] Saturday 10th of June 2017 03:00:29 PM
.... Applying takes no time at all, but the payback threatens to last a lot longer. The car financing industry is confident that this new breed of ultra-low-cost loans, which account for 82% of all new car registrations and are known as personal contract plans (PCPs), are a safe and secure way of financing new cars. ...
Electric cars accelerate past 2m mark globally image
Source : Guardian [Read Article] Wednesday 7th of June 2017 01:06:40 PM
....In some European countries, growth has been so fast that electric cars are taking significant market share from petrol and diesel cars. Nearly a third of new cars sold in Norway are electric, the highest proportion worldwide, followed by 6. ...
UK households cut back as Brexit effect on pound hits living costs image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:01:14 AM
....British households are cutting back as the Brexit effect on the pound continues to raise living costs, according to a clutch of reports that show shops, car dealerships and other consumer-facing businesses coming under pressure last month. Uncertainty about the outcome of Thursday’s election was also cited as a factor as the reports showed a drop in retail sales, a slowdown for the vast services sector and a fall in new car sales last month. ...
UK car registrations fall 8.5% in May image
Source : BBC [Read Article] Monday 5th of June 2017 09:07:21 AM
. Sales of new cars fell 8. ...
UK policymakers face a dilemma over public's slowing demand for credit image
Source : Guardian [Read Article] Wednesday 31st of May 2017 07:17:49 PM
.... And they should be worried. Many of the biggest, shiniest new cars zipping round UK streets would still be sitting on the garage forecourt without ultra cheap credit deals that rival mortgages for their rock-bottom rates. ...
UK car production fall blamed on late Easter image
Source : BBC [Read Article] Thursday 25th of May 2017 07:27:24 AM
....Figures released earlier this month from the SMMT also showed a sharp fall in car sales in April. However, the near-20% drop in new car registrations was blamed by the SMMT on consumers bringing forward purchases to March to avoid a rise in Vehicle Excise Duty. ...
UK car production falls at fastest rate in more than two​-​and​-​a​-​half years image
....“Car production fell significantly in April due to the later Easter bank holiday weekend, which reduced the number of active production days that month, and also due to unplanned production adjustments,” said Mike Hawes, chief executive of the SMMT. The drop in car production echoed the trend in new car sales, which fell 20% in April compared with a year earlier, as government cuts to subsidies for green cars and a rise in prices hit demand. ...
British sports car maker Lotus bought by China's Geely image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:28:43 AM
....Jean-Marc Gales, who became Lotus chief executive in 2014, has been trying to return the Norwich-based company to consistent profit after two decades in the red. It was effectively locked out of United States in 2015 when its airbags failed to comply with new car safety regulations, but Lotus returned to the American market last summer. ...
Debt fears remain despite manifesto 'breathing space' plans image
Source : BBC [Read Article] Monday 22nd of May 2017 11:24:11 PM
....The biggest focus in recent times has been on car finance deals. The value of finance deals used to buy new cars has soared to a new monthly record, according to latest figures, with motorists having spent £3. ...
More Pritt Stick than Pippa  image
Source : BBC [Read Article] Thursday 18th of May 2017 11:00:06 PM
....While a glass marquee might be nice for some, her fellow millennial brides are turning their backs on horse-drawn carriages in favour of homemade decorations and a few drinks at the local pub. Costing somewhere between a new car and a house deposit, the average wedding day in 2016 spiralled to an average of £27,000 outside London and £38,000 inside the capital, according to wedding planning site Bridebook. ...
Dear John Lewis, all I want is my £155 refund … refunded image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:00:01 AM
....“The amount refundable was mistakenly debited to the customer’s old account number. Unfortunately, despite flagging this as a potential issue during a conversation with the Partnership Card adviser, the refund was not then transferred to her new card. ...
Car finance deals soar to new record image
Source : BBC [Read Article] Friday 12th of May 2017 10:21:27 AM
. The value of finance deals used to buy new cars has soared to a new monthly record, according to latest figures. ...
UK high street sales weak as shoppers focus on buying essentials image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:01:52 AM
.... Retail sales were 1. 8% lower in March than in February, the Society of Motor Manufacturers and Traders said new car sales were almost 20% lower in April than a year earlier, while the Halifax said house prices in April – the start of the spring housebuying season – fell 0. ...
Drive carefully – I can see a credit car crash up ahead | Phillip Inman image
.... Car leasing has a large fanbase of customers who consider themselves much better off than they really are. They can secure a brand new car stuffed with the latest comforts and gadgets for a payment every month that is the same as someone paid for a whole loan 20 years ago. ...
New car registrations dive 20% after tax increase image
Source : BBC [Read Article] Thursday 4th of May 2017 10:44:38 AM
. Sales of new cars plunged nearly 20% in April from a year ago, but the industry said the fall was due to consumers bringing forward purchases to avoid a rise in Vehicle Excise Duty (VED). ...
UK car sales drop by a fifth after tax changes and price rises image
Source : Guardian [Read Article] Thursday 4th of May 2017 10:27:22 AM
.... “April is always one of the weakest months for new retail but with record low interest rates and record high employment levels consumer demand remains high,” she said. Mike Hawes, SMMT chief executive, said: “It’s important to note that the market remains at record levels as customers still see many benefits in purchasing a new car. ...
Put just £40 a week aside to enjoy a happy retirement image
Source : Guardian [Read Article] Saturday 22nd of April 2017 06:00:06 AM
.... It surveyed 2,700 retired and semi-retired Which? members and found that, on average, retired couples spend £18,000 a year on life’s essentials – food, heating, transport etc – and £26,000 a year once the extras are included, such as holidays. For the better-off, spending on long-haul holidays, golf club membership and a new car every five years, the “luxury retirement” figure came in at £39,000 a year. ...
Average UK car insurance premiums up 8% in a year image
Source : Guardian [Read Article] Friday 21st of April 2017 08:54:53 AM
....com said that prices have risen by 16% over the past year, with the average premium for comprehensive cover now £781. “Coupled with hikes in road tax for new cars and petrol prices rising since the start of 2017, it’s likely that many drivers will feel the cost of motoring burning a sizeable hole in their pockets,” said a spokesperson. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
....More than two-thirds of cars are now financed through finance agreements, not only encouraging sales, but drawing customers back to take out a new finance package on a new model after two or three years. In some dealerships, 90% of new car registrations are financed this way. ...
Diesel car owners may be paid to trade in under new UK air quality plans image
Source : Guardian [Read Article] Saturday 15th of April 2017 11:49:17 PM
....Under the plans, the scrappage scheme could encourage drivers to give up their diesel cars if they live in towns or cities with particularly acute pollution problems. There had been reservations about the idea of a scrappage scheme over fears it would be giving handouts to wealthy diesel owners who want to buy a new car. ...
Small towns seethe at bank closures, but others are plotting a new future image
.... Customers who lose a debit card don’t have to call the bank and wait a week for a replacement. They can pop into a branch and staff will print out a new card in minutes. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
.... I fill out an online form, watch a video explaining how the service works and take a test to make sure I’m paying attention. After passing, I’m rewarded with a link to download the app, and a flurry of text messages urging me to saddle up and get on with my new career. ...
UK new car sales speed to record high image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:14:46 AM
....New car sales in the UK hit an all-time high last month, with more than half a million vehicles registered, including a record number of diesel models. A total of 562,337 new cars took to the roads in March as sales of new cars rose 8. ...
Record UK car registrations in March image
Source : BBC [Read Article] Wednesday 5th of April 2017 08:17:31 AM
....March was the best month to date for UK car registrations, according to the car industry trade body. The Society of Motor Manufacturers and Traders (SMMT) said 562,337 new cars were registered in March, up 8. ...
Cash in the pocket image
Source : BBC [Read Article] Friday 31st of March 2017 09:16:50 PM

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