Cost of car ownership up £346 a year
by Gill Montia
Story link: Cost of car ownership up £346 a year
The cost of car ownership has increased by 6.3% in the last 12 months, amounting to £346 for the typical motorist. Higher fuel prices, rather than insurance premiums, were the single biggest contributor to the rise (33%) according to the RAC’s latest Cost of Motoring Index. Filling the tank relieves the typical motorist of £1,300 [...]
Helphire announces £50m share issue
by David Masters
Story link: Helphire announces £50m share issue
Helphire Group has announced plans to raise £50 million by issuing new shares. This move was forced by the Helphire’s lenders, who made further lending conditional on the fundraising. The news comes as the group’s chief executive, Mark Adams, stands down to be replaced by turnaround veteran Richard Rose, appointed as executive chairman. Helphire, which [...]