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Ed Balls faces driving ban

SHADOW CHANCELLOR Ed Balls could be banned from driving today as he answers a summons for failing to stop after bumping another car. The case, which arises from an incident in the Morley and Outwood MP's constituency on April 5, will be heard by magistrates in Leeds, although the Labour front-bencher is not expected to attend court. Mr Balls's office has said he will be responding in writing and will not contest the charge.

BMW i8 – launch name for Vision EfficientDynamics. Possibly.

The BMW Vison ED - to launch as the BMW i8? Update 29-7-11: BMW has now revealed the BMW i8 Concept. BMW i8 Concept Photo Gallery Update: BMW has now revealed its new eco sub-brand as BMW i, and revealed that the Vision EfficientDynamics will indeed be the BMW i8.

Mandelson to announce help for car makers

Lord Mandelson is the man charged with finding ways to fund UK Car purchases (yes, he of the dodgy mortgage debacle – at least he should know a few tricks!) as the credit crunch has dried up funding, leading to an unprecedented drop in new car sales in the UK. Mandelson is due to make a statement in the Lords just after 3pm today, outlining the help the government is going to offer to ailing car makers. Central to this package is expected to be a funding channel directly from the Bank of England to inject liquidity in to the car financing sector.