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Market updates for dealers

Dealers: don’t forget your annual Consumer Duty health-check

Every year, dealers are required to complete a Consumer Duty health-check, as set out by the Financial Conduct Authority (FCA). This isn’t just a regulatory requirement, it’s a key opportunity to ensure your business is consistently delivering good outcomes for customers. In this article, we’ll explain what the health-check involves, why it’s essential, and the potential consequences of falling short.

Market updates • 1 min read • 29/05/2025

Good news - fuel and utility costs set to drop

Fuel and electricity costs are dropping, offering welcome relief for drivers, homeowners, and businesses. Discover what’s behind the fall and how to save more.

Market updates • 1 min read • 07/05/2025

Vehicle Excise Duty (VED) - Rates From April 1st 2025

From April 1st, Vehicle Excise Duty (VED) rates (sometimes known as the road fund licence) will change, affecting all drivers in the UK.

Market updates • 3 min read • 21/03/2025

Changes to Benefit-in-Kind From April 6th 2025

All company car drivers are liable to Benefit-in-Kind (BiK) taxation. The Autumn Budget saw an announcement that the levels of this liability would change for all car types. These changes come into effect on April 6th, 2025.

Market updates • 3 min read • 21/03/2025

The Government rules out pay-per-mile road pricing

The Government has dismissed reports of an imminent announcement on a pay-per-mile road pricing scheme, allaying driver and industry concerns. Take a look as we explore the latest developments of pay-per-mile road pricing.

Market updates • 1 min read • 15/10/2024

Top 5 technology advancements in motor retailing

In this post, we showcase five digital innovations that we’re likely to see more of in the months and years ahead. Take a look as we dive into the latest technology advancements across the industry.

Market updates • 3 min read • 30/09/2024

As London closes its ULEZ scrappage scheme, is there a case for a national programme?

As London closes its ULEZ scrappage scheme, we're exploring whether incentives to buy BEVs work and what plans the government have in store.

Market updates • 3 min read • 18/09/2024

The '74' new car plate beckons

From 1 September 2024, the number ‘74’ will start appearing on all new vehicles hitting our roads. With the September plate change around the corner, take a look at the impact this year's change could have,

Market updates • 3 min read • 20/08/2024

All FCA regulated dealers must prepare for their Consumer Duty Annual Board Report

With the July 31st Consumer Duty Annual Board reporting deadline around the corner, all FCA regulated dealers need to ensure they're prepared and ready.

Market updates • 2 min read • 26/07/2024

Consumer Duty: one year on

Nearly one year on, Distributor Director, Debbie McKay, is looking back on the journey to Consumer Duty.

Market updates • 3 min read • 11/07/2024

Used EV prices rise for the first time in over a year

With EV prices rising for the first time in over a year, what does the future look like for electric sales? Find out more.

Market updates • 2 min read • 21/09/2023