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Having been the first to break the news that the takeover of HBOS by Lloyds TSB would also result in the amalgamation of the two contract hire giants Lex and Autolease many are now reviewing what this could mean to the industry. Whilst the takeover still has to be approved by the FSA and needs shareholder approval both MD’s have said that in the meantime it is business as usual. As both companies are Read more »

More than half of motorists believe their commute to work has got longer according to a poll carried out by Motorpoint. It found that motorists spend more time than ever behind their wheel during the rush hour wasting their time and using up a record amount of fuel getting to work. David Shelton, managing director of Motorpoint said ‘With the prospect of congestion charging becoming commonplace, getting to work is likely to become more expensive.’ Bit obvious that one David, maybe your comment was taken out of context! By Graham Hill