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Ministers urged to close £2bn tax loophole in car finance scandal
Banks and specialist lenders will not pay tax on compensation payouts, sidestepping 2015 ruleMinisters are being urged to close a loophole that will allow UK banks and specialist lenders to avoid paying £2bn in tax on their payouts to motor finance scandal victims.Under the current law, any operation that is not a bank can deduct compensation payments from their profits before calculating their corporation tax, reducing their bill. Continue reading...
The big 'Bee Network Boats' proposal
As Metrolink hits record demand levels and Bee Network buses continue to surge in popularity, thousands of new homes and a new 100,000-seat United stadium will be built around Greater Manchester's waterways, putting more pressure on infrastructure. Ethan Davies reports on proposals from the Elizabeth Line's architects to take the Bee Network to the water
Sunday, 07 December 2025
BBC News
- 'Elated but frustrated' our road has reopened after 20 monthsThe closure of the Glenshesk Road has meant 20 minute detours for local residents.
- Which West Midlands stations are the busiest?Research from the Office of Rail and Road reveals the most and least-used stations in the region.
- PSNI using dash-cams in cars for first timeTen cars in the Newry, Mourne and Down area have been equipped with dash-cams as part of a pilot scheme.
The Guardian
- Ministers urged to close £2bn tax loophole in car finance scandalBanks and specialist lenders will not pay tax on compensation payouts, sidestepping 2015 ruleMinisters are being urged to close a loophole that will allow UK banks and specialist lenders to avoid paying £2bn in tax on their payouts to motor finance scandal victims.Under the current law, any operation that is not a bank can deduct compensation payments from their profits before calculating their corporation tax, reducing their bill. Continue reading...
The Herald
- 44 Glasgow taxis still not compliant with low emission zone rules, council saysNearly all taxi drivers in Glasgow are now compliant with the low emission zone rules. Out of a total of 1,217 taxi vehicles, only 44 do not meet the LEZ standard.
Times Online
- EU to 'push back petrol car sales ban to 2040' [subscription]Car bosses say that EU will delay the outlawing of new sales by five years, meaning the ban on the Continent would come a decade after the UK
- Has the big drive to electric cars run out of energy in the UK? [subscription]Car manufacturing has almost halved since 2019. What can be done with the green agenda of electric vehicles to get it back on its feet?
- Airbus to rescue 3,000 UK jobs after striking Boeing deal [subscription]The long-term future of the works in Belfast and Prestwick is preserved as aerospace giants prepare to announce a deal on Monday
Mail Online
- As many as one in three new car sales in parts of UK were through taxpayer-funded Motability scheme for welfare claimants, new figures showThe Motability scheme allows disability welfare claimants to swap their mobility allowance for a lease on a new car, which are also exempt from VAT and insurance premium tax.
Birmingham Mail
- 40mph speed limits 'to disappear' in BirminghamThe city council has announced major road safety changes
Bradford Telegraph & Argus
- Residents angry at Council for charging them to park on pothole-ridden streetBalfour and Gladstone Street residents 'angry' at being charged £35 to park on potholes outside their own homes or risk a parking ticket.
Manchester Evening News
- The big 'Bee Network Boats' proposal As Metrolink hits record demand levels and Bee Network buses continue to surge in popularity, thousands of new homes and a new 100,000-seat United stadium will be built around Greater Manchester's waterways, putting more pressure on infrastructure. Ethan Davies reports on proposals from the Elizabeth Line's architects to take the Bee Network to the water
Nation. Cymru
- Welsh heritage railway wins major award for ?5 million restoration projectRestoration of the historic Boston Lodge Works, the engineering base of the Ffestiniog & Welsh Highland Railways, has been recognised with a prestigious National Railway Heritage Award.
Northern Echo
- North East road to be closed to drivers for 11 days just before ChristmasThe B6278 between Edmondbyres and Carterway Heads, near Consett, will be shut to all vehicles from Monday, December 8, until Friday, December 19.
Bucks Free Press
- Council issues update on road closures amid ongoing county-wide roadworksRoad closures and traffic management measures are planned across Buckinghamshire.
Burnley Express
- Lancashire's busiest and quietest stations as passenger numbers upLancashires busiest and quietest railway stations have been revealed in fresh data published by the Office of Rail and Road.
Cambridge News
- One of Cambridgeshire's most dangerous level crossings to get vital upgradeThe level crossing will be closed from Christmas Eve and into the New Year
Other Regional Press
- Severn Valley Railway shortlisted for three top awardsThe Severn Valley Railway has celebrated being shortlisted for three prestigious awards.
- Abbey Wood to benefit from more Elizabeth line trainsAbbey Wood will be one of two stations to benefit from two extra Elizabeth line trains per hour on Saturdays.
- Greater Manchester: We're feeling the disastrous impact of no Sunday trains for more than a yearA lack of Sunday trains in Bramhall is having a 'disastrous impact' on the Stockport village, a councillor has claimed.
- Anger over claims touts paying driving instructors to block-book testsMinisters have been urged to launch an investigation into claims touts are paying driving instructors for access to the official test-booking system.
- The Highway Code 1.5 metre rule for overtaking cyclists explainedThe Driver and Vehicle Standards Agency has reminded motorists about the correct spacing requirements when passing cyclists on UK roads
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