Car insurance news

Young drivers to see the end of a radio era

If you enjoy listening to hours of uninterrupted music while on the road then it could be the end of an era for young drivers as the BBC is being urged to sell Radio 1 and 2.

Like the competition that is regularly seen between rival young driver car insurance companies, commercial radio is currently losing millions to the BBC. Advertisers have seen that there is no financial benefit of commercial radio when 60% of the UK is choosing Radio 1 and 2 as their preferred listening choice.

As Radio 1 and Radio 2 heavily rely on music they are seen to have a limited public service role, which is essentially the aim of the BBC.

Although, the popular stations have fought back by pointing out that they offer a range of diverse music, documentaries and current affairs shows that are not found on commercial radio stations.

It is thought that both stations would be a great success in the commercial sector as they attract the highest radio audiences in the UK. It is also estimated that they could raise more than £500m through a sell off.

Mike Page form Hoot Car Insurance Services says: 'Both Radio 1 and 2 are British music institutions. We know that many of our young driver car insurance policy holders tune into Radio 1, especially, on a daily basis and will be concerned by this proposed change.

'By moving into the commercial sector, the radio shows will become flooded with adverts which will distract from the quality of their content and mean less music. But, one thing that young drivers can be sure of is that our cheap car insurance rates will not be changing anytime soon.'