The financial crisis brewing in the UK’s motor finance sector could rival the infamous £50 billion Payment Protection Insurance (PPI) consumer scandal, the Financial Conduct Authority's (FCA) top legal chief has conceded.
One of the new Members of Parliament to be sworn in at the House of Commons since last week's general election is motor retail industry veteran Perran Moon MP.
The fleet sector’s concerns over the fall in value of used electric cars could be pivotal to the UK’s success in phasing out fossil-fuel models.
A continued drive to promote low emissions cars for business and a drive towards a future of autonomous vehicles on UK roads both featured in George Osborne’s Budget today.
George Osborne MP steered away from a rise in fuel duty for the sixth year in a row as he introduced tax reforms aiming to boost individuals’ savings and preserve incomes in his 2016 Budget.
