05:21 Nov 11 

Not sure about British English, but as for usage of it, I usually hear ｵｰﾗｲ！in Japan only when I am backing up and other people are helping you to park backwards, so probably Akio's answer is the closest in terms of meaning. You could put "All right" or something similar, but I am wondering if that will describe the sence of this Japanese expression completely))). Probably you could use "All right (when backing up)" or someting similar.

02:59 Nov 11 

I forgot to mention. This needs to be translated into British English.

Thanks Kurt, for reminding me (accidentally, I'm sure).