FIRST Vehicle Leasing has lifted turnover by a record 25% to £2.5 million in its latest financial year.

The growth came as the Glasgow-based finance broker supplied some 3200 cars and vans to customers and funded £50 million of vehicle transactions. First's Graham McCarthy said: "65% of our turnover is personal vehicle leasing, rather than the commercial market, and we have benefited from a healthy rise in demand within this market sector.

"And with new car registrations in the UK reaching a 10-year high last year... we are optimistic there is ample scope for further significant growth."