Met police comissioner nabs taxi 'thief'

BRITAIN'S most senior police officer broke off from a radio interview to make an arrest in north London. Metropolitan Police Commissioner Sir Bernard Hogan-Howe jumped into a police car to pursue a suspect after the driver complained his passengers refused to pay the fare and had stolen cash from him, the BBC reported. Sir Bernard, who was taking part in a pre-recorded interview with BBC London 94.9 Drivetime presenter Eddie Nestor near Bruce Grove station in Tottenham, north London on the issue of budget cuts, jumped into the car in pursuit and later arrested a suspect.

Jaguar Land Rover raise £500 million to fund expansion

Jaguar Land Rover raise £500 million Jaguar Land Rover is raising £500 million on the bond market to fund its expansion, including new models and new facilities. Hot on the heels of the Jaguar Land Rover joint venture deal with Chery in China comes the news that Jaguar has dipped in to the private bond market to raise £500 million to help with its bold and bullish plans to make JLR a major world player in the premium vehicle sector. JLR plans to invest £1.5 billion a year on expansion and is making sure its coffers can cope by issuing £500 million of senior notes due in 2020, with the net proceeds of the bonds being used for general corporate purposes.

Australian Automotive Industry Design Night announced

The Australian Auto Industry Design Night is set to take place on 28 June despite the surprise cancellation of the Melbourne motor show. Traditionally held on the first day of the show, this year's Auto Industry Design Night will be held at Gasolina, South Wharf, Melbourne. Gasolina is a concept created by two friends Dean Johnson and Carl Cerra, who is also an industrial designer/clay modeler and has also worked throughout Europe, you can check it out here.