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London is parking charge capital of the world

We already know London is home to more multimillionaires than any other city in the world, but given the cost of living in our capital, this is hardly surprising. And now, to further highlight London’s increasingly extravagant status, it turns out it’s the most expensive place in the world to park your car as well. On Bing: see pictures of car parks in London UK car parks now accepting conkers as payment.

McLaren F1 to buy BMW F1 Engine ops

McLaren could be about to buy up BMW's F1 engine operations BMW are quitting F1 at the end of this season, and the Sauber team is up for sale. But the engine operations are not part of the deal. So it’s starting to look as if McLaren are looking to buy up the engine side from BMW and become a completely independent F1 car builder – just like Ferrari.

Nissan unveils new generation 'black cab'

NISSAN has unveiled its new ‘black cab’, adapted specifically for London and designed to win business from cabbies looking for a more reliable, more functional and less polluting vehicle. This year, emissions legislation will force many older taxis off the road, and noting the financial struggles of Manganese Bronze, the makers of the traditional black cab, Nissan has seen the opportunity to muscle in on the market. The famous London taxi design has come in for much criticism from cabbies for its unrefined drive, patchy reliability and questionable cabin ergonomics.