FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.

Car 'not at fault' in Paul Walker crash

INVESTIGATORS have found no evidence that the Porsche carrying actor Paul Walker had mechanical problems before it crashed, killing the Fast & Furious star. The investigation also ruled out debris or other road conditions as causing the car in which Walker, 40, was a passenger to slam into a lamppost and tree and burst into flames. "We're looking at speed and speed alone," a law enforcement source said.

Vauxhall Astra GTC revealed: Prices & Models

Vauxhall Astra GTC - looks good Vauxhall has certainly got some mileage out of the launch of the 2012 Vauxhall Astra GTC. As has Opel for the launch of their differently badge version of GM’s Euro-hot-hatch, designed to take on the likes of the VW Scircoco. Since the Astra GTC was revealed at Paris last year we’ve had the expected dance of the seven alloys as Vauxhall reveals a bit more with each bit of news.