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Warning over minicab 'free-for-all'

RAPE AND sex assaults could rise due to plans to allow minicab owners to lend their vehicles out to anyone when not at work, police bosses have warned. A cross-party group of Police and Crime Commissioners (PCCs) across England and Wales said planned deregulation will lead to a "free-for-all". Currently, only licensed private hire drivers can drive a marked private hire vehicle, drivers have to be regularly re-licensed and there are restrictions on vehicles operating across local authority boundaries.

Telematics discounts tempting young drivers

INCREASING numbers of young drivers are opting-in to telematics-based car insurance in attempt to reduce their premiums. Specialist young driver insurer Carrot has reported a 62% rise in the number of its policyholders choosing to have a telematics device, consisting of accelerometers and a GPS tracker, fitted to their car. The company says that they could save up to 20% on their annual insurance premium, which for the youngest drivers almost always amounts to a discount of hundreds of pounds.

Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.