7 h. ago Learners drivers get ‘glimmer of hope’ as test backlog eases

Some 621,230 future practical driving tests were booked as of the end of July, down from 656,649 a month earlier.

Politics

4 d. ago DVLA warning as over 70s could face 'mandatory' tests to keep driving licence

The DVLA has warned drivers over 70 that they could face 'mandatory' vision and cognitive tests in the future in order to keep their driving licences, as well as a major overhaul of the use of driving licences as proof of age

Events

5 d. ago ‘I’ve been surviving on handouts’: Chaos as 120,000 UK drivers left stranded by ‘do not drive’ cars

One mother shares how she is struggling visit her premature son is hospital after rare ‘do not drive’ order

Events

5 d. ago Urgent Citroen recall impacting 120,000 UK drivers leaves one £10,000 out of pocket

The industry giant behind Citroen faces mounting criticism over the way it has handled an urgent safety recall which includes 120,000 drivers in the UK

Economics

8 d. ago Drivers over 70 handed warning over new 'mandatory' tests in the future

Labour and the Driver and Vehicle Licensing Agency (DVLA) are under mounting pressure to make drivers over the age of 70 undergo mandatory vision and cognitive tests

Events

9 d. ago Millions in line for payouts from £18bn car loan compensation scheme

City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’Explainer: what the supreme court ruling means for UK motoristsEditorial: Mis-sold loans demand action, not excuses or spinMillions of drivers could be handed a share of a multibillion-pound compensation package after the City regulator said it would open a redress scheme for consumers affected by the car finance scandal.The Financial Conduct Authority (FCA) will consult on the redress scheme, which could cost banks between £9bn and £18bn when it begins paying consumers compensation next year. Continue reading...

Economics

1 week ago Millions will share up to £18bn as FCA unveils car loan compensation scheme

City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’Explainer: what the supreme court ruling means for UK motoristsEditorial: Mis-sold loans demand action, not excuses or spinMillions of drivers could be handed a share of up to £18bn in compensation, after the City regulator said it would open a redress scheme for consumers affected by the car finance scandal.The Financial Conduct Authority (FCA) said on Sunday it planned to consult on the redress scheme, which could cost banks between £9bn and £18bn when it begins paying consumers compensation next year. Continue reading...

Economics

last month Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.Donald Trump’s threat to impose a 30% on European Union imports from next month is weighing on European stock markets this morning.Most of Europe’s markets have dropped at the start of trading, pulling the pan-European Stoxx 600 index down by 0.6%.Inadvertently or otherwise the President is testing the market’s patience. At a time when investors had seemingly brushed aside the likelihood of the base line of tariffs settling at 10%, the new pronouncements suggest a level of between 15% and 20% being the norm, with additionally punitive numbers on the likes of Canada at 35% adding to the uncertainty.The so-called “TACO” trade will therefore be tested again, with markets drifting in the US on Friday and futures currently suggesting a similar fall today. In addition, and as the new 1 August extension approaches, nerves are likely to jangle. Continue readi...

Economics