CPP reacts to news of Spyker sale to North Street Capital

CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.

Road drainage problems increasing

ROAD DRAINAGE during the mid-summer heatwave was no better than in the early-year floods, according to 40% of drivers. A further 9% said drainage in June was even worse than during the winter downpours, the AA/Populus survey of more than 18,000 AA members showed. Most dissatisfaction with the state of the roads in mid-summer was shown by drivers in Yorkshire and Humberside, with 46% of them reckoning drainage was no better than during the winter.

UK still a nation of middle-lane hoggers

DRIVERS in the UK are still hogging the middle lane and the M25 is the worst road for this poor driving habit. One in six British drivers admits hogging the middle lane and drivers over the age of 65 are the most likely to do this. Five of the top 10 worst stretches of road for middle lane hoggers were on the M25 that orbits London, making it the worst road in the UK for this driving behaviour.