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UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.

Noble Fenix Supercar – First Photo

The first picture of Lee Noble's Fenix Supercar Back in November we brought you news of eponymous supercar maker Lee Noble’s return to the world of high performance cars with his new company – Fenix Automotive. Lee had left the company that bears his name, but was obviously itching to get back to the fray with a car that reflects the great Noble’s of the past – including the very successful M12. The old Noble company has headed upmarket with its latest offering – the Noble M600 – but Lee intends the new supercar from Fenix to be a more affordable proposition – around £70k.

Lotus unveils Grand Prix-inspired Exige S LF1 (2014)

By Michael Karkafiris First Official Pictures 11 June 2014 13:45 Lotus has unveiled a new limited-edition Exige S with the moniker LF1, paying tribute to its 81 Grand Prix victories. Dressed in the official colours of the Lotus F1 team, the black-gold Exige S with red accents will be limited to 81 units. Each one is individually numbered with a carbonfibre build plate.