As pump prices smashed through the £2.00 a gallon ceiling, pressure is mounting on the Government to dramatically cut its duty and VAT take from motorists. Nearly half of the pump prices paid by drivers is duty or tax which goes back to the Government and the RAC said today that the Chancellor's 5p cut after the Ukrainian invasion has already been offset by the rising charges. RAC fuel spokesman … [Read more...]
Five ways to save fuel and electricity costs
A five point plan to control spending on petrol and diesel has been issued by FleetCheck as prices reach record levels in the wake of the Ukraine invasion. Peter Golding, managing director at the fleet software company, said that fleets should adopt some form of strategy because it appeared the conflict was unlikely to resolve quickly. “The terrible situation in Ukraine is something that is … [Read more...]
RAC warning on pump prices rising
Petrol could rise to £1.60 a litre and diesel even more, the RAC has warned after Russia’s Ukrainian invasion. Any increase will affect commuters thinking of returning to offices as they face higher energy costs. RAC fuel spokesman Simon Williams said, “Both petrol and diesel reached new record levels. Unleaded is nearly 149.5p a litre and diesel almost 153p. “Russia’s actions will now push … [Read more...]
Electric vans now matching diesels’ cost, say analysts
The costs of emissions-free, electric vans are now as low as their diesel competitors. That’s according to a new study by consultancy CE Delft that focuses on the small van segment largely used in cities and which accounts for 40% of total van sales in the EU. The study takes into account purchase price, taxes, fuel bills and maintenance costs over six years, equivalent to a standard lease … [Read more...]