From the editor-in-chief...
I wonder if you have finished making your summer holiday plans yet? If you have not you might want to get going – particularly if you think you might need a hire car. In the summer of 2019 you would have been able to rent a normal family car for around £310 a week. Try and get your hands on the same this year (good luck to you) and it will cost you more like £652. Over double. Why? The answer is more interesting than you think – this is the post-pandemic global economy in a nutshell. When the lockdowns began, the car-rental business pretty much shut down globally – and car-hire firms, keen to raise cash and cut costs, sold down their fleets (often at very low prices). At the…