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Car Scrappage Scheme – Darling wastes the chance – Just like that!

Darling wastes an opportunity with a half-hearted car scrappage scheme [ad#ad-1] The Car Scrappage Scheme had problems as a concept. But it was a way to help shift more cars (but without a change in underwriting policy it’s debatable how many would sell). And at £2,000 a go it was a reasonable incentive to buy.

'Paradox' in transport policy claim

THERE IS A "paradox at the heart" of the Government's roads programme, a transport policy professor has told MPs. The question on whether traffic levels would increase or decrease in the future was unresolved, University College London emeritus professor of transport policy Phil Goodwin told the House of Commons Transport Committee. The paradox was that if traffic levels increased the planned roads programme was "not big enough to make an improvement", he said.

1958 Ferrari Berlinetta sells for $3.6 million at RM auction in London

A 1958 Ferrari sold for $3.6 million at RM Auctions' annual event in London on Oct. 26. But other top lots--including another Ferrari, a Lamborghini and an Aston Martin--failed to reach the reserve price for a sale.