LOW & Bonar, the UK-based manufacturer of food cartons, has been awarded £72,000 by Lease Plan as a result of savings and economies on the operation of the company's 149-strong fleet. The cash refund under Lease Plan's open calculation product is a result of the actual costs of running the fleet being less than the original price quoted with the difference being refunded.

Colin Fegen, Low & Bonar's financial controller, said: 'We were impressed from day one with Lease Plan's upfront proposal. Choosing open calculation really has paid off for us.'

Last year Lease Plan returned more than £4 million to customers under open calculation.