Amid exceptional circumstances, UK petrol prices fell by their largest margin in 12 years in March, triggered by a complete collapse in the world oil price, says the latest RAC Fuel Watch report. While the price of a barrel of crude oil began the month above $50, by the end of March it had plummeted by 66% to under $18, its lowest level in 18 years. This was due to a combination of plunging … [Read more...]
Tradelines 25 March
Petrol prices crashed to an 18-year low this week. Falling oil wholesale cost saving are now reaching forecourts and Morrison’s has slashed 12ppl petrol and 8ppl diesel with prices at about 104ppl and 111ppl respectively, says the RAC, which is urging drivers to only go out if vital and support small independent retailers if they can. National Express timetables will be reduced today after which … [Read more...]
Newslines 13 March
The first BMW 2 Series Gran Coupe goes on sale this week from £25,815. Unveiled in November, it completes the 2 Series line and the company’s four-door coupe range and will be available with a choice of 140hp or 306hp petrol engines and a 190hp diesel. Almost half the Ford UK 400 dealers could be axed in a radical shakeup to boost profits by the car-maker, reports media. Ford has declined to … [Read more...]
Fuel prices fall may be hit by Budget bash, warn RAC
Don’t hold your breath for fuel cuts, warn the RAC. The plunging price of oil over the weekend should bring down pump prices within days, but RAC fuel spokesman Simon Williams said, “This is looking like the biggest single daily drop in the oil price in 20 years. “It should translate to some serious cuts at the pumps, particularly as the price of both petrol and diesel is still overpriced … [Read more...]
Newslines 13 August – Pembs new road plan
Four possible schemes to improve safety on the A40 north of Narberth have been unveiled by Welsh Government. It has launched a consultation exercise with a public meeting in the town on 2 September before opinions close 20 September for overcoming the staggered cross-roads between Penblewin and Redstone Cross, which have resulted in serious accidents and was the subject of a HM Coroner’s … [Read more...]
Newslines 3 May
Thirteen million leisure trips are expected to be taken by car this coming weekend, the busiest in three years, according to research of drivers’ plans conducted by the RAC. Friday is expected to be busiest with around 4.4m separate leisure journeys by car, 1.5m more than the same day last year, followed by Saturday (3.4m, up 900,000 on 2018) and the bank holiday itself (3.1m, up 1.2m on … [Read more...]
Falling fuel prices are not enough, say RAC
November saw largest petrol price drop in four years – but retailers still didn’t cut far enough, says the RAC. In Wales the monthly drop was just over 5pp litre down to 124.73ppl, tenth out of 12 parts of the UK which recorded decreases. The price of petrol fell by more than 5p per litre in November, the biggest monthly drop since January 2015 and the first major price reduction since … [Read more...]
Congestion is threat to business growth
Congestion is increasingly becoming a critical business issue according to the latest research from the Mercedes-Benz Vans Business Barometer. Delivery drivers say that, on average, 16% of their working day is lost due to congestion, which means, based on a (very conservative) 8 hour working day this equates to 1 hour 17 minutes a day, or more than 6 hours across a typical working week, adding … [Read more...]
Fuel prices hit four year high
August saw yet another rise in the price of both petrol and diesel meaning that prices have gone up for eight of the last 12 months making both fuels 13p more expensive than this time last year, new RAC Fuel Watch data reveals. Pump prices continue to creep ever upward with unleaded increasing by 1.65p to 130.59p and diesel by 1.32p to 132.19p in the month. A year ago, however, petrol was … [Read more...]
Fuel prices on the rise again, says RAC Fuel Watch
July saw the return of rising petrol and diesel prices at the forecourt, with both petrol and diesel edging up by around 1p a litre, said RAC Fuel Watch. Last month saw the continuation of recent ‘see-saw’ pump price changes – while drivers were stung with one of the worst petrol price rises through May 2018, the following month saw average prices fall by around 2p a litre. This began to be … [Read more...]