The average price of petrol across the UK reduced by 6p a litre in December to under 147p (146.69p), making for two consecutive monthly falls, shows data from RAC Fuel Watch. The drop means a full 55-litre tank now costs £77.32, down £3.40 in the month. Diesel also came down by 5p to 149.18p, saving almost £3 (£2.86) on a fill-up (£82.05). Unleaded is now back to a price last seen in early … [Read more...]
RAC calls for fuel price cut at pumps
The RAC is today urging the UK’s biggest fuel retailers to cut the price of petrol by at least 5p a litre to 150p to reflect their far lower wholesale costs. As it stands the Government’s 5p duty cut brought in shortly after Russia’s invasion of Ukraine last year is not benefitting drivers struggling to cope with the cost-of-living crisis and, instead appears only to be helping retailers who have … [Read more...]
Supermarkets cashing in during crisis, says RAC
Following news that lower fuel prices helped reduce inflation last month new RAC analysis has revealed supermarket margins on petrol and diesel have more than doubled since Russia invaded Ukraine. Prior to the start of the war in Ukraine the big four supermarkets, which dominate UK fuel retailing, were making a margin of just under 5p (4.7p) a litre on fuel – 3.7p for petrol and 5.7p for diesel. … [Read more...]
RAC urges Government to force fuel changes
The RAC is concerned that Government plans to monitor pump prices are little more than window dressing. Grant Shapps is meeting supermarket bosses today after a report found the big retailers were profiteering from higher prices and not timely cutting them when wholesale costs fell. The Government has suggested a price monitor but this already exists with many smart phone apps and the RAC wants … [Read more...]
Gov. will probe supermarkets’ fuel pricing
The Competition and Markets Authority will probe fuel prices and the role of Supermarkets in a study it began last year. While the evidence shows that the majority of fuel price increases are due to global factors, such as the Russian invasion of Ukraine, indications are that higher pump prices cannot be attributed solely to factors outside the control of the retailer, the CMA said in a … [Read more...]
Wales motorists getting cheaper fuel
Welsh motorists are getting some of the cheapest petrol and diesel in the UK, according to data from RAC Fuel Watch. Fuel prices fell for the fifth straight month in March with another penny coming off petrol and 4p off diesel. By the end of the month nationally a litre of unleaded was 146.5p (down from 147.56p) – a price last seen at the end of January 2022, while diesel reduced to 162.94p … [Read more...]
Filling stations taking diesel drivers for a ride, says RAC
Diesel car and van drivers are being taken for a ride by filling stations, said the RAC. They are continuing to suffer from inflated prices at fuel pumps up and down the country and are seeing no benefit from plummeting lower wholesale costs, despite the Chancellor continuing the fuel duty freeze in Wednesday’s Budget, the RAC is warning. Despite both crude oil and wholesale diesel costs – the … [Read more...]
Best Used Cars of 2022
Hatchbacks and city cars were the fastest selling used models of 2022, according to the latest ranking by AA Cars. The Ford Fiesta has retained its title of the most popular car overall for the eighth year in a row. The trend for smaller vehicles in this year’s fastest selling list reverses 2021’s ranking, in which eight of the top 10 quickest selling models were SUVs. The surging popularity of … [Read more...]
Newslines 5 December
Despite having one of the largest networks of retailers in the UK, Audi is the first brand to achieve 100 percent EVA approval across its 113 Centres. This achievement is a reflection of Audi’s commitment to electric vehicles and ambition to become the leading provider of sustainable mobility. Green NCAP launched a new Consumer Life Cycle Assessment (LCA) Tool on its portal, allowing website … [Read more...]
Supermarkets profiteering with fuel prices, claim RAC
Amid the worst cost-of-living crisis in four decades drivers are being denied cheaper fuel by the UK’s biggest retailers refusing to lower their forecourt prices to reflect far lower wholesale costs claims the latest RAC Fuel Watch report. In a shocking example of ‘rocket and feather’ pricing RAC Fuel Watch data shows supermarkets are currently enjoying margins of around 15p a litre on both … [Read more...]