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FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.

London Congestion Charge: Buy 76-100g/km car NOW to get 3 years free of charge

Whether you think the London Congestion Charging Zone is a great way to clean up the air quality of the capital or just another way to tax motorists, you’re going to struggle even more to avoid it after the emission exemption levels are changed on 1st July so only cars emitting 75g/km CO2 or less will be exempt from the charge, Boris says the new lower level is necessary because car makers have worked their socks off to produce small diesel cars with the ability to hit the magic sub 100g/km emissions level in recent years, and that means London is suffering from air pollution as a result. The only answer, apparently, is to drop the limit to 75g/km or less to make those ‘dirty’ diesels pay their way. By reducing the limit to 75g/km you are effectively only allowing EVs and Plug-ins an exemption from congestion charging, thereby moving their emissions off to wherever the electricity they use is produced.

Infiniti G25 revealed – but not for the UK

The entry-level Infiniti G25 - thankfully just for the USA Well, we had what Infiniti called a ‘Performance’ debut at Pebble Beach with the first of Infiniti’s answers to the AMG and M Series in the Infiniti IPL G Coupe, and now we get the more prosaic debut – the Infiniti G25 with a 2.5 litre V6. The entry level G Range saloon gets a modest 218 horses and 187lb’ft of torque, a seven speed auto and will come in a choice of rear wheel drive or all wheel drive and, as far as we can see, you won’t be able to opt for a manual. Infiniti say that the G25 is for those who want an Infiniti G but who don’t want the power of the G37.