Cazoo Reports Trebling Losses of More Than £329m
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Senior leaders say that the business plans to break even by December 2023 despite reporting spiraling losses. So what’s the future for the used car innovator Cazoo? Is The Disruptive Approach to Buying Used Cars Flawed? Companies House has publicly-listed records of every business in the UK, including details of yearly profits and losses. Started Continue Reading…
Motor Trade Predictions for 2021
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Well 2020 was a year like no other and not one we’re keen to repeat in a hurry! That said, 2021 hasn’t exactly got off to the brightest of starts. A second surge of Covid has resulted in a 3rd lockdown and tragically the death toll from the pandemic keeps rising. Amongst the madness, motor Continue Reading…
10 motor trade predictions for 2017
What will 2017 hold for the Motor Trade? We take a look at 10 key areas and make some predictions as to what the year could have in store for the industry. Brexit to hit new Car Sales 2016 was a great year for new car sales. In fact it was the 6th continuous years Continue Reading…
The Brexit Debate: Motor Trade Industry
How does the Brexit debate effect the Motor Trade Industry?
Should Landlords Fear Labour?
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The landscape for landlords in the UK has already experienced significant challenges in recent times. This article explores the current challenges for landlords and what the general election result might mean for the future of the rental property market. Many landlords have left the rental market in recent years. Higher property taxes, stricter rent regulations, Continue Reading…
Motors Snaps Up Cazoo
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Motors has recently acquired the brand Cazoo, aiming to provide consumers with a fresh approach to searching for used cars. This strategic partnership aims to revitalise and enhance the Cazoo marketplace despite its recent financial challenges. Revamping the Cazoo Experience Motors plans to launch a new Cazoo app and website featuring over 250,000 used cars. Continue Reading…
Chancellor Delivers Blow to Landlords in His Budget
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Wednesday March 6th saw Chancellor Jeremy Hunt put forward his Budget. It is likely to be the Government’s final financial offering before the upcoming General Election. So what did it include that might be relevant to landlords and property investors. Capital Gains Tax Reduced In an effort to drive residential sale transactions and subsequent tax Continue Reading…
The Soaring Costs of Insurance Premiums – What’s Behind the Increase?
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Motor and home insurance premiums have both spiked significantly in recent years. Many households continue to struggle to afford all their essential outgoings. So further severe price rises will be causing additional concern. Below we attempt to reduce some of the hype surrounding the price rises. They have jumped but not by as much as Continue Reading…
Higher Rents for Pets
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As our urban landscapes evolve, so do the intricacies of renting a home. A recent trend that’s been making waves in the housing market is the concept of “Higher Rents for Pets.” For many people, their four-legged companions are more than just pets; they’re family. However, as landlords grapple with increased requests for pet-friendly spaces, Continue Reading…
HGV Driver Shortage Looms
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Concern is again growing at the shortage of Heavy Goods Vehicle (HGV) drivers. A recent report from the Office for National Statistics (ONS) has unveiled alarming data indicating another crisis is looming. This article will explore the reasons behind the impending HGV driver shortage and its potential consequences for the UK. Plan Insurance can accommodate Continue Reading…