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Leasing an Electric Car Now Costs Less Than a London Travelcard

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Leasing an Electric Car Now Costs Less Than a London Travelcard

  • Drive a Dacia Spring for £112/month via salary sacrifice*

  • TfL Zone 1-2 travelcard priced at £171.70

  • More affordable than top-tier gym plans and premium TV deals

New figures from The Electric Car Scheme have revealed just how affordable driving electric can be—making EV ownership cheaper than many London essentials, including public transport.

Through salary sacrifice, the Dacia Spring—an electric car with a range of approximately 140 miles—is available for just £112 a month. This rate includes all the essentials: servicing, MOT, maintenance, and tyres, with a 5,000-mile yearly driving limit on a four-year term. That monthly cost is a full £59.70 less than a TfL travelcard covering Zones 1 and 2.

Beyond transport, it undercuts some popular subscription services and gym memberships. A Sky package with sports, films, Netflix and more could cost up to £125 per month, and membership at premium gyms like Virgin Active in Bromley is nearly £120.

According to The Electric Car Scheme, affordability remains the most significant deterrent for would-be EV drivers. 54% of respondents highlighted it as their top concern, outranking issues like range or reliability.

Pre-Owned EVs Provide Even More Options

Used electric vehicles are proving to be a big draw, now making up nearly half of the scheme’s total leases. Some of the most affordable second-hand options include the FIAT 500E at £193 per month, and the MINI ELECTRIC from £198 per month.

Thom Groot, CEO and Co-Founder of The Electric Car Scheme, said:

“Electric Vehicles are getting more affordable and therefore accessible every day and this effect is only set to gather pace as more people make the leap to an EV and as more models become available on the second-hand market. We expect March to be a record month for EV uptake, potentially topping 35% of all new car sales for the very first time, and at prices such as this it is hardly a surprise, especially considering the upcoming increases in Road Tax for petrol and diesel models.

We know that the main concern for drivers is, affordability, which was the biggest barrier for 54% of Brits, way out in front of any concerns around range, reliability or resale value. This is why we started The Electric Car Scheme, to make EVs more affordable and help increase uptake ahead of the coming phase-out of traditional cars.”

ECB’s Intraday Liquidity Standards Set the Bar High — But Banks Face a Steep Learning Curve

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ECB’s Intraday Liquidity Standards Set the Bar High — But Banks Face a Steep Learning Curve

Banks across the Eurozone are feeling the weight of the European Central Bank’s (ECB) tightened intraday liquidity rules, as new findings from Planixs — the market leader in real-time liquidity solutions — reveal the scale of the implementation challenge.

Issued in late 2024, the ECB’s guidance outlines best practices in intraday liquidity management. It sets out 76 individual requirements encompassing real-time oversight, detailed data analysis, and robust governance. The stakes are high: non-compliance could lead to increased capital costs, regulatory attention, or penalties.

It’s the first time a central regulator has been so explicit about what intraday liquidity systems should look like. The ECB’s blueprint is clear and precise, offering a valuable framework not only for European banks but for global institutions seeking to benchmark their own capabilities.

However, while the roadmap is laid out, the real hurdle lies in execution. Many banks remain unsure how to bridge the gap between their current systems and the ECB’s expectations.

In light of these concerns, Planixs has published a new report — Mastering Intraday Liquidity: ECB Guidelines as a Catalyst for Change — based on wide-ranging industry consultation. The report aims to help institutions understand where they fall short and how to course-correct efficiently.

“The ECB’s guidelines are not just another compliance exercise; they’re a wake-up call for banks to modernise their intraday liquidity capabilities,” said Pete McIntyre, Director at Planixs.

“But awareness alone isn’t enough. The real question for banks isn’t ‘what does the ECB expect?’—that part is clear. The challenge is execution: identifying capability gaps, closing them efficiently, and ensuring continuous compliance as the regulatory environment evolves.”

To thrive in a fast-moving financial environment, banks must adopt more than just a compliance mindset. They need end-to-end visibility, accuracy in data, and tools that predict rather than just report on liquidity challenges.

Planixs encourages banks to connect data silos, invest in real-time platforms, and adopt forecasting tools to stay ahead. Still, outdated infrastructure and shifting risk profiles remain major stumbling blocks across the sector.

“We encourage banks not to wait for a regulator review but to act now. This is about more than passing an inspection — it’s about future-proofing operations and thriving in an increasingly real-time financial world,” said Pete.

“Institutions that take a proactive approach to intraday liquidity management can reduce funding costs, improve operational agility, and strengthen their market position. Many forward-thinking banks are already using this regulatory shift as an opportunity to enhance efficiency and profitability.”

With intraday liquidity now firmly in the regulatory spotlight, Planixs continues to support banks at all stages of their journey—whether assessing current capabilities, identifying practical steps for compliance, or embedding long-term resilience. The full report, Mastering Intraday Liquidity: ECB Guidelines as a Catalyst for Change, is available by clicking here

Work starts on a permanent home for Star Radcliffe Academy

Helen Greaney
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Work starts on a permanent home for Star Radcliffe Academy
Work has begun on creating a permanent home for Star Radcliffe Academy.

The secondary school is the first in Radcliffe for over a decade, offering 750 places and operated by Star Academies – a trust which has 36 schools nationally.

The school opened last year in temporary facilities. Ahead of its new intake of Year 7 pupils this September, the temporary facilities are being extended and enhanced to provide additional space and resources, including an additional assembly and indoor activity space, a school kitchen and a new outdoor play area, as well as science labs and additional classrooms.

The construction of the permanent school building, at the site on Spring Lane, is now underway.

A groundbreaking ceremony was held to mark the start of works with Morgan Sindall staff joined by representatives from the Department for Education, Bury Council and Star Academies.

The permanent building will be a three-storey, 6,000m² building, arranged as a ‘superblock’, with extensive external works and sports provision including a new access road and drop off area to be formed as part of the works.

During the pre-construction phase, Morgan Sindall tackled challenges posed by the site’s former coal mining history, to mitigate risks of subsidence and contamination.

Designed to be net zero in operation (NZIO), the school will feature energy-efficient design, renewable energy generation, and low-carbon technologies, supporting the UK’s net-zero goals and reducing running costs.

Sustainability is further enhanced by an innovative stormwater management system, manufactured just 13 miles from site using 100% recycled, carbon-neutral materials, which reduces excavation, waste, and reliance on deep underground tanks.

Throughout construction, Morgan Sindall remains committed to minimising disruption and prioritising the safety of pupils and the local community.

Steven Gregory, area director for the North West, Morgan Sindall, said: “We’re thrilled to deliver what will be an important new school for Radcliffe and the surrounding areas. As a community minded business, we’re helping to address the vital issue of school places while building a new school that is both highly sustainable and a high-quality learning environment for local students.”

Lucy Smith, deputy leader of Bury Council said: “We are pleased to celebrate the start of construction on the new Star Radcliffe Academy building. We have been a long time fighting for a new school for Radcliffe and I am so proud to be here at this groundbreaking. This is a key part of the ongoing multi-million-pound regeneration of Radcliffe and will contribute significantly to the area.”

Paul Johnson, Principal at Star Radcliffe Academy, said: “The new building will provide an exceptional learning environment for our pupils, equipped with modern classrooms, cutting-edge technology, and excellent sports and recreational facilities. These resources will not only enhance our pupils’ education but also provide a wealth of opportunities for personal development, enrichment and future success.

“We’re looking forward to moving into our state-of-the-art facilities by September 2026, and establishing the school as a beacon of the community for today’s young people and future generations.”

Two men arrested in money laundering crackdown

Helen Greaney
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Two men arrested in money laundering crackdown

Warrants were carried out yesterday as part of an operation cracking down on money laundering in Greater Manchester.

Two men, aged 30 and 25, have been arrested on suspicion of money laundering offences and remain in police custody for questioning.

Approximately £2,000 in cash and a motor vehicle worth around £80,000 was seized from an address in Salford, while approximately £50,000 in cash was seized from a business premises in Cheetham Hill.

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A further search at a property in Crumpsall resulted in the seizure of £1,000 in cash.

The arrests are part of a sustained crackdown into individuals suspected of being involved in high level money laundering offences, by Greater Manchester Police (GMP).

Over the last year, GMP’s Economic Crime Unit have successfully forfeited over £17 million from the back pockets of criminals, and the funds have been handed to organisations who support local communities across Greater Manchester via the Asset Recovery Incentivisation Scheme (ARIS).

Non-profits, which benefit communities, can apply for a maximum of £20,000 to help fund activities. The activities must support GMP’s objectives to fight, prevent and reduce crime; keep people safe; and care for victims.

Detective sergeant Peter Goddard said: “This financial year and we have started as we mean to go on, continuing in our relentless pursuit of those suspected to be laundering money from their criminal proceeds.

“Criminals try to disguise their ill-gotten gains to support illegal activities and exploit vulnerable people, causing harm to our communities.

“We have a dedicated team of specialists to tackle organised money laundering, which often supports criminal activity such as: drug dealing, firearms, terrorism and organised immigration crime.

“We are asking the public to remain vigilant and if you see, or suspect something is wrong, please tell us, and we can do something about it. The information you continue provide us with is vital to our investigations.”

You can make report a crime to police online at www.gmp.police.uk or via 101.

Investigators appeal following road traffic collision in Wigan

Helen Greaney
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Investigators appeal following road traffic collision in Wigan

Police are appealing for witnesses following a road collision in Leigh, Wigan.

At around 3pm on Monday, officers were called to the junction of Kirkhall Lane and Atherleigh Way.

Initial enquiries have established a double decker bus was travelling down the road when a 69-year-old male pedestrian collided with the vehicle.

Emergency services responded and the pedestrian remains in a life-threatening condition at hospital.

Detective constable Nick Rhodes said: “Since the incident we have conducted a number of lines of enquiries to establish exactly what happened but are now appealing to anyone who was in the area to please get in touch.

“This can be through a personal eyewitness account, or the submission of dash cam footage to understand the movements leading up to the collision which has left an elderly man fighting for his life.”

Anyone with information is asked to call 0161 856 4741 direct or 101 quoting incident 1953 of 31/01/2025. Alternatively, details can be passed on anonymously to Crimestoppers on 0800 555 111.

Daredevil Malcolm Guest forsakes wheelchair for charity zip wire challenge

Helen Greaney
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Daredevil Malcolm Guest forsakes wheelchair for charity zip wire challenge

Malcolm Guest is taking to the skies for a zip wire challenge in aid of the MS Therapy Centre.

On April 15, the 64-year-old from Wigan will be taking on The Penrhyn Quarry Zip World challenge, which reaches speeds of up to 100mph, and is the fastest and longest zip wire in Europe.

But when your usual mode of transport is a wheelchair it becomes a very different prospect.

Malcolm is undertaking this feat in aid of the MS Therapy Centre, as he was diagnosed with Multiple Sclerosis (MS) 35 years ago when he developed numbness in one leg.

He is a regular visitor to the Centre in Eccles where he undergoes Oxygen Therapy and enjoys the sense of community where other MS sufferers, their families, friends and carers understand the condition.

He said: “I am now a wheelchair user for my mobility needs, so the normal fundraising options of running and walking are out of my scope BUT I am quite good at falling so it seems “natural” to try and use this to help raise funds.’

Malcolm’s son, daughter and son-in-law (pictured) have also chosen to join him on the challenge. They hope to raise £2,500.

The charity bought new premises just before Covid 19 struck.  They have been working hard to renovate the building but are currently restricted to only the ground floor of the premises.

Ann Hedley, trustee said: “We are so grateful to Malcolm for taking on this challenge.  It’s a pretty scary thing to do for most people but for Malcolm to leave behind his wheelchair and get up there leaves me with nothing but admiration for him.

“Covid affected so many organisations and it has really dealt us a blow in being able to progress our new building.  The outstanding work includes physiotherapy rooms, gyms, consultation rooms, offices, therapy rooms and accessible bathrooms.

“It’s really important for those living with MS to keep mobile and these facilities aim to support that.  We all know that building materials and costs have gone up so we really are battling against the tide to get these facilities up and running.  People like Malcolm who are raising money to help do this are all heroes to us.”

To sponsor Malcolm, visit: https://bit.ly/4k7Y2Lc.

Kaur Sutherland Champions Wellbeing-Focused Conveyancing Practice

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Kaur Sutherland Champions Wellbeing-Focused Conveyancing Practice

As demands on the conveyancing sector continue to rise, law firms are being challenged to maintain quality, stay profitable, and look after the mental wellbeing of their teams.

Kaur Sutherland Conveyancing Solicitors, which operates in Glasgow, Dumbarton, and Lenzie, is taking a bold step forward by placing service excellence and staff care at the heart of its success model.

The industry has long struggled with excessive workloads, rigid deadlines, and increasingly anxious clients. The emotional and regulatory pressures have made the role of conveyancers more challenging than ever.

Burnout, particularly linked to exhaustion, has become a growing concern. According to the 2020/21 Law in Life Report, 69% of legal professionals encountered mental health issues over the previous year. Yet, many practices continue to focus heavily on speed and financial output, with little regard for the human cost.

One major hurdle is the departure from traditional, process-led case management in favour of a ‘store and snatch’ approach. This reactive system moves cases forward only when clients chase progress, creating a chaotic workflow that breeds stress and inefficiency.

In response, more firms are beginning to realise the value of sustainable working practices. By returning to structured methods and prioritising open communication, they aim to strike a healthier balance. Kaur Sutherland is at the forefront of this evolution.

Claire Sutherland, Senior Partner at Kaur Sutherland, says: “Firms across the conveyancing sector must prioritise structured workflows to prevent cases from stagnating while ensuring proactive client communication. A sustainable approach benefits both legal professionals and clients, creating a more efficient and less stressful experience for all.”

Embracing modern working principles not only improves client service but also protects those delivering it. The firms leading this charge understand that true progress means caring for their people as much as their bottom line.

Sutherland adds: “While Kaur Sutherland is at the forefront of this shift, meaningful change must happen across the industry. Success will only come when firms balance profitability with employee wellbeing. As we continue to grow, we remain committed to fostering a culture that values both excellence and staff welfare. The future of conveyancing depends on a people-focused approach.”

Batman star Val Kilmer dies, aged 65

Helen Greaney
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Batman star Val Kilmer dies, aged 65

Hollywood star Val Kilmer, best known for his roles in Top Gun, Batman Forever and The Doors, has died aged 65.

He died of pneumonia on Tuesday in Los Angeles, his daughter Mercedes told American media.

Kilmer had previously been diagnosed with throat cancer in 2014, and tracheotomy surgery affected his voice.

But he did make a return to the screen in Top Gun: Maverick (2022), where his character, Iceman, was reunited with Maverick, played by Tom Cruise.

Tom Cruise said at the time: “I’ve known Val for decades, and for him to come back and play that character… he’s such a powerful actor that he instantly became that character again.”

Kilmer grew up in a middle-class family in Los Angeles and he joined the Julliard School in New York – a prestigious drama conservatory.

He made a name himself in comedies including Real Genius in the eighties, before landing the role that would define him – Iceman – the arch enemy to Maverick in 1986 movie, Top Gun.

Kilmer also chose to use his own singing voice to take on the role of Jim Morrison in The Doors (1991).

He later starred in fantasy film, Willow, where he met his then British actress wife, Joanne Whalley. They had two children.

The release of the 2021 documentary Val, would look back on the actor’s career and his refusal to be silenced by throat cancer.

Actor Josh Brolin, lead the tributes. He wrote: “I’m going to miss you. You were a smart, brave, uber-creative firecracker. There’s not a lot left of those. I hope I see you up there in the heavens when I eventually get there.”

Heat director, Michael Mann, told The Hollywood Reporter: “I always marvelled at the range, the brilliant variability within the powerful current of Val’s possessing and expressing character.”

XIMEA Introduces World-Leading 245MP Camera with Sony IMX811 BSI Sensor

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XIMEA Introduces World-Leading 245MP Camera with Sony IMX811 BSI Sensor

Renowned for its innovation in high-performance imaging, XIMEA has added a new powerhouse to its xiX-XL line – a medium format camera equipped with Sony’s 4.1” IMX811 sensor, now the highest resolution model available at an astounding 245.7 megapixels.

Designated the MX2457, this camera model uses a high-speed PCIe interface to deliver real-time data transfer, meeting the needs of data-intensive applications. With its remarkable detail and light-handling capabilities, the Sony IMX811 sensor is ideal for texture mapping, surface inspection, and aerial survey work.

Technical Highlights:

• Maximum Resolution: Capturing images at 19200 x 12800 pixels, the 245.7 MPix output ensures exceptional clarity. This makes it particularly suited for advanced mapping and 3D modelling projects such as videogrammetry.

• Superior BSI Technology: The sensor’s backside illumination allows for over 80% quantum efficiency—far surpassing traditional front-illuminated alternatives—resulting in clearer, crisper images in low-light conditions.

• Lightning-Fast Throughput: With a data transfer rate exceeding 10 full frames per second via a 32 Gbps interface, this model supports time-sensitive imaging tasks in production and inspection lines.

• Compact, Medium Format Build: Despite its large 64 mm diagonal sensor size, the camera retains a front profile of approximately 80 x 80 mm, allowing easy installation and space-saving integration into complex systems.

• Robust PCIe Gen 3 Interface: Leveraging DMA (Direct Memory Access) technology, the camera ensures seamless, low-latency data handling with minimal CPU load, ideal for long-distance setups and multi-camera configurations.

• Detachable Sensor Module: The design includes a separated sensor head, reducing heat buildup near the sensor and allowing flexible positioning within tight or temperature-sensitive environments.

• Advanced Cooling Solutions: Standard cooling is handled by a rear-mounted fan. For vibration-sensitive applications, an optional water-cooled system is available to provide further thermal control.

• Flexible Lens Mount Support: Initially supporting M72 mechanical and active EF lens mounts, XIMEA plans to expand compatibility to include active Hasselblad mounts with remote aperture, focus, and stabilisation control.

Model Options:

Applications Across Industries:

XIMEA’s new flagship camera is a game-changer in photogrammetry, delivering ultra-detailed imagery for urban planning, topographic mapping, and agriculture.

Additional use cases include:

  • Industrial inspection – for semiconductors, solar panels, and electronics

  • Medical imaging – including genomics, microscopy, and neural imaging

  • Scientific research – such as materials science, astronomy, and deep space observation

  • Security technology – facial recognition, stadium surveillance, and border control

Highest 245.7 MPix resolution, detachable sensor head, attractive price and exceptional image quality make these cameras a clear choice for various applications.

Investigation launched into a stabbing at Alexandra Road retail park

Helen Greaney
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Investigation launched into a stabbing at Alexandra Road retail park

An investigation is underway after a 19-year-old man was stabbed at Alexandra Road retail park yesterday afternoon.

The victim was taken to hospital with serious injuries and he and his family are being supported.

A scene remains in place at the retail park and some of the surrounding areas, with a large police presence as police continue to collect evidence.

Inspector Andrew Clayton said: “We understand this incident is shocking and took place in a very public space.

“There have been no arrests so far, but enquiries, such as CCTV trawls, are ongoing to determine who is responsible. At this stage, we do believe the attack to be an isolated incident involving those known to one another.

“We have spoken to a number of witnesses so far, but would encourage anyone who believes they have any information or dash cam footage which could assist our investigation, particularly that which may help us identify the perpetrators, to come forward.

“You can do this be speaking to officers on the ground, by calling 101 or contacting Crimestoppers on 0800 555 111 if you would prefer to remain anonymous.”

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