Figures published by the Society of Motor Manufacturers and Traders (SMMT) revealed a strong rise in UK car production for the month of August. UK car production rose 10.7% in August versus the same month a year ago, the SMMT said, with the total number of cars produced at 86,250. Furthermore, for the year-to-date, car [...]
The Society of Motor Manufacturers and Traders (SMMT) have revealed UK car sales saw their first rise in 14 months in August. According to the trade body, car sales rose by 7.3% in August compared with the same month in 2010, with sales of smaller cars rising by more than 30%. The Ford Fiesta remained [...]
The Society of Motor Manufacturers and Traders (SMMT) have revealed UK car sales fell by 6.2% in June compared with the same month in 2010. The SMMT said the number of new cars sold in the month was 183,125 – representing the twelfth consecutive monthly fall in sales. Meanwhile, registrations in the first six months [...]
The Society of Motor Manufacturers and Traders (SMMT) has today revealed UK car sales fell by 1.7% in May compared with the same month in 2010. The SMMT said the number of new cars sold in the month was 150,431 – representing the eleventh consecutive monthly fall in sales. Meanwhile, registrations in the first five [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a sharp fall in UK car production for the month of April, disrupted by supply shortages, resulting from the Japanese earthquake and tsunami. Japan’s three major carmakers (Toyota, Nissan and Honda) all have operations in the UK, with the latter halving its [...]
The Society of Motor Manufacturers and Traders (SMMT) has today revealed UK car sales fell by 7.9% in March compared with the same month in 2010. March saw the introduction of the new 11-plate cars. The continuous fall in sales was expected due to the withdrawal of the scrappage scheme. The SMMT said the number [...]
There is speculation that the Government may delay the 1p rise in fuel duty – planned for next month. The move is believed to be announced in this week’s Budget and comes as the price of petrol has surged to more than £1.30 a litre, due to concerns about the ongoing civil unrest in Libya [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a rise in UK car production for the month of February. UK car production rose 15.1% versus the same month a year ago, the SMMT said, with the total number of cars produced at 111,983. For the year-to-date, car production is 12% [...]
The Society of Motor Manufacturers and Traders (SMMT) has revealed UK car sales fell by 7.7% in February compared with the same month in 2010. However, traditionally February is a quiet month for the car industry, with many waiting for the new number plate in March. The continuous fall in sales was expected due to [...]
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 11.5% in January compared with the same month in 2010. It represents the seventh consecutive monthly fall. The SMMT said the number of new cars sold in the month was 128,811. However, the fall was in line with the [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a strong rise in UK car production for the 2010 year. UK car production grew by 27.1% during 2010 to 1.27 million cars compared with 2009, with growth up 10.6% in December alone. In addition, commercial vehicles (vans and trucks) also saw [...]
The Society of Motor Manufacturers and Traders (SMMT) is expecting the UK’s motor industry to face a challenging few months amid “difficult conditions”. The comments from the industry body come shortly after it announced sales of new cars in the UK rose by 1.8% in 2010, although volumes were still at their second-lowest in the [...]
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 11.5% in November compared with the same month in 2009. It represents the fifth consecutive monthly fall and came despite the forthcoming VAT hike, which was expected to boost sales towards the end of the year. The SMMT said [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a rise in UK car production for the month of October. UK car production rose 6% versus the same month a year ago, the SMMT said with the total number of cars produced at 112,798. For the year-to-date, car production is 31% [...]
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 22.2% in October compared with the same month in 2009. It represents the fourth consecutive monthly fall but was expected due to the withdrawal of the scrappage scheme. The SMMT said the number of new cars sold in the [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a rise in UK car production for the month of September. UK car production rose 5.8% against the same month a year ago, the SMMT said. For the year-to-date, car production is 35% higher than in the same period last year, the [...]
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 8.9% in September compared with the same month in 2009. It represents the third consecutive monthly fall but was expected due to the withdrawal of the scrappage scheme. It follows a 17.5% fall in August. The SMMT said the [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a sharp fall in UK car production for the month of July. Car production plummeted by 8.9% against the same month a year ago – the first such fall since October last year. The SMMT said there were 98,000 cars produced in [...]
The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 13.2% in July compared with the same month in 2009. It was the first fall in a year following the withdrawal of the scrappage scheme and sales are expected to continue their downward trend in the next few months. [...]
Figures published today by the Society of Motor Manufacturers and Traders (SMMT) revealed a sharp rise in UK car production for the month of June. Car production surged 28.6% against the same month a year ago, while production for the first half of 2010 is 55% higher than the same period last year, The SMMT [...]
M&S Money launches 3% cash ISA
M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet [...]
Google suspends UK Compare Mortgages site
Google has closed its UK mortgage comparison site which it launched in July last year, after it proved to be less popular than expected. Mortgage comparison sites are designed to allow visitors to compare mortgages quickly and easily without having to visit each lender’s individual site. Google was competing with several well-established comparison sites, including [...]
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent [...]
ATOL scheme updated to protect online bookers
ATOL, a financial protection scheme managed by the Civil Aviation Authority, is being extended to protect up to six million more holidays a year. The scheme ensures that holiday makers do not lose out financially if a travel company collapses, and that they are not stranded abroad. An increase in the number of holidays booked [...]
Home repossessions lowest for four years
The number of UK homes repossessed fell to 36,200 in 2011, significantly below the Council of Mortgage Lenders’ forecast of 40,000, and lower than 2010 when 37,100 homes were repossessed. With interest rates remaining low and lenders adopting a sympathetic attitude to customers in financial difficulty, repossessions fell to their lowest level since 2007. However, [...]
Monthly pay lasting just 17 days
Workers are running out of money just 17 days after receiving their monthly pay, according to new research by the Halifax bank. This means that the average UK worker spends half the month worrying about money. The study, based on the responses of more than 2,000 adults, found that 10 per cent of workers start [...]
Women disadvantaged by auto-enrolment changes
Government proposals to increase the auto-enrolment threshold to £10,000 could put 1.8 million women at risk of missing out on a pension, the TUC has warned. Under the auto-enrolment scheme, which will be phased in from October, private sector employers will automatically enrol workers between the age of 22 years and the state pension age, [...]
Emergency household repairs company Homeserve is taking longer than expected to get back on track after its operations were suspended last October. The company expected customer numbers to fall by 5% this year but it has increased this estimate to 8% and announced the loss of 200 jobs. It estimates that renewal revenue in 2013 [...]
Sale rumoured for Yorkshire and Clydesdale banks
There is growing speculation that National Australia Bank (NAB) may sell Yorkshire Bank and Clydesdale Bank after the Australian parent company announced a strategic review of the two banks’ operations. The Australian economy is performing well and NAB reported strong profits for the final quarter of 2011 but with the UK economy at a virtual [...]
More women experiencing debt difficulties
Women in Debt, which offers female-focused debt advice, has warned that the number of UK women facing serious debt has grown significantly over recent years. The organisation believes that more women will need advice on solving debt problems in the future because they are building up an unsustainable level of indebtedness. Women in Debt’s director, [...]
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