Cars

When Eileen, a 75-year-old British grandmother, bought a brand-new car she found its advanced driver-assistance repeatedly told her the speed limit in a 30mph zone was 80mph and then kept jerking the steering wheel to ‘correct’ her, even when she was trying to park. She told Which? that driving had gone ‘from a lifeline to a nightmare’. ‘I’ve seriously considered getting some old, beat-up car from five years ago that doesn’t have this technology,’ she said. Car safety features are boring and intrusive, like having a man with a clipboard and lanyard permanently in your backseat. Indeed, the Which? survey of more than 1,500 motorists found we are increasingly switching

It’s unnerving to think how close Britain came to financial disaster last Friday, ahead of a Supreme Court ruling on – of all things – car financing. In October, the Court of Appeal found that motor finance firms could be liable for hidden commission payments to car dealers. If the Supreme Court had agreed, the biggest lenders, including Lloyds Banking Group, Santander, Barclays and Close Brothers, would have been on the hook for some £44 billion, with Lloyds already putting aside £1.15 billion for compensation payments and Close Brothers selling off its asset management arm this year. In an unprecedented intervention, Rachel Reeves urged the court to avoid handing out

One of the quietly profound pleasures of travel is renting cars in ‘unusual’ locations. I’ve done it in Azerbaijan, Colombia, Syria and Peru (of which more later). I’ve done it in Yerevan airport, Armenia, where the car-rental guy was so amazed that someone wanted to hire a car to ‘drive around Armenia’ that he apparently thought I was insane. Later, having endured the roads of Armenia, I saw his point – though the road trip itself was a blast. Recently I rented a motor in Almaty, Kazakhstan, where they were slightly less surprised than the Armenian had been, but nonetheless gave me lots of warnings and instructions, chief of which

The weekend’s Scunthorpe drama was a distraction from endless chatter about Donald Trump and his tariffs. Perhaps Downing Street’s spinners stage-managed it with that in mind. Or perhaps the heroic tale of shop stewards confronting villainous Chinese managers while rescue teams scoured the horizon for emergency shipments of iron ore and coking coal was a different kind of smokescreen – to hide the fact that British steelmaking has been doomed for decades and what just happened is a job-saving nationalisation that will be a massive drain on public funds for as long as it takes to admit that the last British blast furnaces belong to history. I’m sorry to take

Crash comparison What’s the biggest stock market crash ever?  – There are different ways to measure a crash. The biggest percentage fall in the Dow Jones Index in a single day occurred on 19 October 1987 (or ‘Black Monday’) when the Dow fell by 22.6%.  – The biggest fall in percentage terms over a longer period was in the Nasdaq – covering tech shares – which fell by 80% between January 2000 and October 2002. – The biggest fall in terms of the amount of money wiped off the US market – at least until this week – was in February/March 2020, when the S&P500 lost 34% of its value

There is always much to look forward to on a holiday with friends in France (the day one supermarket sweep, boules under plane trees, foie gras on demand); but, for me, one of the greatest joys is the hire car. That’s entirely due to my indulging in the niche pastime of driving around in the worst, most clapped out vehicle possible. You can do this quite easily in France using an Airbnb-style platform called Turo which allows you to go directly to the – usually bemused – owner and, for not very much money, drive off in whatever they have to offer you. And so it was that I found