Sky high fuel prices are placing an unstainable burden on UK businesses and the government must introduce a temporary reduction in diesel fuel duty to protect the economy, according to one of the UK’s biggest business groups, Logistics UK. Writing to Rishi Sunak MP, Chancellor of the Exchequer, ahead of the Budget 2022, Elizabeth de Jong, the business group’s Director of Policy, said, “Logistics … [Read more...]
Diesel costs more than you may think, says analysis
The fall in oil prices will be a welcome relief for UK motorists as data shows drivers could be burning through as much as 75 per cent more fuel than stated by manufacturers. Carly Connected Car, the worldwide number one in car apps, has released data collected from over one million vehicles, including 150,000 from the UK. The data shows year-on-year growth of discrepancies in fuel … [Read more...]
Industry should “remain calm” over future of diesel values, says VRA
Diesel is likely to remain a crucial part of the motor trade’s fuel mix for the foreseeable future and the motor industry should “remain calm” over its future values, says the Vehicle Remarketing Association. The trade organisation – which represents companies that are involved in remarketing more than 1.5 million vehicles every year – says that there is every reason to expect that the values … [Read more...]