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FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.

Nissan BladeGlider (2013) shown

By Damion Smy First Official Pictures 08 November 2013 09:53 Is the Nissan Qashqai a little too practical for you? Nissan has the answer: the wacky-looking BladeGlider, inspired by its Zeod racer that began sportscar racing in 2012 as the Nissan DeltaWing. The BladeGlider is a Nissan showpiece for its future sportscars, which will see hybrid and EV tech end up in its flagship GT-R.

Land Rover Discovery: One million Discos and an 8,000 mile road trip to Beijing

Land Rover Discovery - off on an 8,000 mile road trip to Beijing Land Rover are celebrating the millionth Discovery with a 50-day, 8,000 mile road trip to Beijing aiming to raise £1 million for the Red Cross. The Land Rover Discovery has now hit the impressive 1,000,000 production mark, with the millionth Discover rolling off the production line at Solihull today. And Land Rover are pushing out the boat to celebrate with a 50-day, 8,000 mile trip to Beijing and aiming to raise £1 million for the Red Cross and Red Crescent in the process.