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Cost of fuel has increased 50% in seven years

THE PRICE of fuel in the UK has increased by over 50% in just over seven years, according to a recent investigation. A study conducted on behalf of Asda Money indicates that the cost of fuel in the UK has risen from around 90p per litre at the start of 2006 to the current average of around £1.38. The Autumn Statement from the Chancellor of the Exchequer cancelled the proposed rise in fuel duty that was due to come into force on the first of January 2013, and which had already been postponed once, but UK motorists are still paying out at the pumps.

F1 photos raise £20,000

A SERIES of photographs taken by Formula One drivers and team members has raised more than £20,000 at a charity auction. The sale included an image taken by Michael Schumacher of a boat on a lake that fetched £2500. An identical amount was paid by Formula One boss Bernie Ecclestone for one of his own pictures.

Ford Escort set for Beijing motor show debut

Ford is set to unveil a production version of the Escort sedan at the China auto show this month in Beijing, meant exclusively for the Chinese market. The Escort was previewed in near-production concept form last year at the Shanghai motor show, and is meant to take on competitors positioned just above the Ford Focus sedan. Even though the Ford Escort has been absent from the automaker's global lineup since 2000, Ford of China is reviving the nameplate for this sub-Fusion/Mondeo model which will compete with cars such as the Volkswagen Sagitar and Chevrolet Cruze in the Chinese market.