Young drivers lack basic car know-how
Young drivers fork out £140 million every year in car maintenance due to their lack of basic mechanical know-how, new research suggests.According to the study carried out by Direct Line, half of all drivers under 25 do not know how to jumpstart their car or replace a tyre, compared to 25 per cent of drivers aged 45 or over.Nearly one in three admitted to paying to have their oil changed, while 25 per cent also admitted to having their brake fluid checked.The findings come despite the DVLA introducing a car maintenance section to the practical driving test in September 2003.Some 37 per cent of 18 to 24 year olds who have passed this test still struggle when it comes to checking the level of their car's brake fluid."It's not unusual for drivers to feel a little helpless when it comes to car maintenance -however, it is important for drivers to be able to make basic safety checks on their vehicle, such as checking tyre pressure and oil level," Emma Holyer, Direct Line's motor spokesperson said."These checks are essential before embarking on a long journey and we are urging motorists to ensure they are able to conduct these simple tests rather than relying on parents or mechanics for help."Our research also shows that more than four in ten drivers have waited for their vehicle's annual service to fix some of these potentially serious problems. This should be avoided as it is important that all motorists are driving roadworthy vehicles," she added.Asking parents for help is still a popular and altogether cheaper alternative to paying out for professional know-how, with 62 per cent of all young drivers confessing to turning to their mums and dads for advice.
Redemptions halted in Norwich Union property fund
In what many believe will be a trend for 2009, Norwich Union has today halted redemptions of units in its property fund. A wave of pessimistic news reports and media comment would appear to have spooked many investors and the company has halted redemptions in the short to medium term. This means that over 225,000 investors in the Norwich union property fund, which has assets of £2.9 billion, will...Read More
British Airways faces three-day New Year strike
Despite returning from the UK courts victorious this week, British Airways today faces the possibility of a three-day strike by cabin crew in the New Year. The Unite union has vowed to reopen the ballot regarding industrial action as soon as possible after the previous vote was blocked by an injunction from the courts. Whether or not this three-day strike goes ahead there is no doubt that the repu...Read More
Sir Thomas Legg had concerns about MPs expenses some time
The ex-civil servant Sir Thomas Legg, currently in charge of a review of MPs expenses, was it has been revealed a member of the committee back in 2004 which was created to look at MPs expenses. It has been confirmed that Sir Thomas Legg and other members of the committee had significant concerns about the expenses system as long as five years ago.
This may well explain why Sir Thoma...
UK consumers ditching credit cards for debit cards
A report by the payments association Apacs has highlighted a significant shift in consumer spending during 2008. While credit card use has increased from £124 billion in £2007 to £126 billion in 2008 there has been a significant shift in debit card spending. Figures from the payments association show that debit card spending in 2007 was £224 billion however this increased to £245 billion in 2...Read More
Has Barack Obama got his revenge on Gordon Brown?
Just 12 hours ago the UK government was openly suggesting that Gordon Brown's visit to the White House, the first EU PM to visit the new president, was the perfect opportunity to make political headway and reinvigorate the Labour vote in the UK. Whether the US authorities have taken umbrage with this or they are out for revenge after a number of comments emitting from the UK authorities angered US...Read More