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Money Advice Service’s Online Tool Helps Buyers Choose Wisely

NEW researched published by the Government-backed Money Advice Service (MAS) has found more than half of people who purchased a used car underestimated the running costs. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated, while one in five (20%) have resorted to going into debt just to keep their vehicle on the road. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

Ron Dennis leaves McLaren F1

Ron Dennis hands over the reins of McLaren F1 to Martin Whitmarsh [ad#ad-1] Ron Dennis has finally had enough of F1. Who can blame him? From the heartache of losing the 2007 championship and a year or more of real grief with F1′s officials, Ron has had enough.

Parking wardens given ‘illegal’ bonus targets

Parking wardens are given ‘illegal’ bonuses based on the number of fines they dish out, according to an investigation by the BBC. Three London Councils are now being probed by Local Government Minister, Brandon Lewis, as a result of the BBC’s research. On Bing: see pictures of bad parking UK pays £30 million a month in parking fines Bromley Council’s parking firm Vinci reportedly paid wardens a bonus of £20 a ticket, with a target of 72,000 penalty charge notices – while Lambeth’s parking enforcement contractors NSL ‘requires’ 205,000 tickets to be issued a year.