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.
Confidence in the UK economy has been hit
Even though there were signs that the UK retail sector was starting to improve at the end of 2009, today's news of a potential leadership challenge against Gordon Brown may well wipe away any goodwill and confidence built up over recent weeks. A government which is effectively out of control and a leader who would appear to be unwanted by a significant minority of MPs does not bode well for the sh...Read More
Doorstep Lenders On The Prowl
As a follow up to an article we issued some time ago about doorstep lenders it seems as though business is very brisk in this area and growing strongly. For those not aware of the so called doorstep loan companies, these are financial companies which may cold call you offering loans - often to people who may have credit difficulties and live in run down areas - at rates well in advance of the hi...Read More
Is the Conservative Party tax policy in disarray?
There are signs that tonight that the Conservative Party's taxation policy could be in disarray with Boris Johnson highly critical of the possibility that the new Labour 45p tax band could form part of a Tory government in 2010. While David Cameron and George Osborne have been very upfront about their views regarding the 45p tax band, which they believe will be required to pay down the national de...Read More
UK currency moves higher on future hopes
After a period of difficulty for the UK currency, sterling has today continued its recent rise against the euro and the dollar amid claims that the UK recession is coming to an end. While these claims have yet to be rubberstamped by a number of economic forecasters, there is no doubt that under the surface there is an increase in confidence and potential activity. Whether this is enough to suggest...Read More
Rescue package launched and now the political truce is over!
The Conservative party now seems to be on the war path after a period during which all of the political parties of the UK decided to work together for the good of the country. The end of the friendly period came to an abrupt halt on Friday when the Conservatives held a City conference to highlight how and where the UK government went wrong with their handling of the UK economy. So why has the mo...Read More