For many of us, there’s going to have to be some belt tightening over the next couple of years. There’s not much you can do about rent or a mortgage, but that other great expense in life, motoring?
Well, that we can do something about. I once worked at a car magazine with a bloke called James Ruppert. He’d previously been a salesman at a swanky BMW dealership in central London, but his heart wasn’t in it because what he really liked was old bangers.
In about 1990 he came up with the concept of Bangernomics – the art of buying and running a used car on a very tight budget.
He then wrote a book on the subject which became very popular and it’s recently been reprinted and entitled Bangernomics Rebooted.
Read more on mirror.co.uk