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 … [Read more...]
Price probe call into ‘rip-off’ diesel fuel
The wholesale price of diesel is now on a par with petrol yet diesel is still being sold for 17.5p a litre more on average at forecourts across the UK, reveals data from RAC Fuel Watch. The average price of petrol stands at 146.63p while diesel is 164.26p despite both fuels selling for around 114.5p on the wholesale market. In fact, on two days last week … [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 … [Read more...]
Newslines 28 September
Rolls-Royce Motor Cars will tomorrow unveil its detailed plans for a pure electric model before the end of this decade. The company has already said what priorities it will use to launch the model when it is right for their customers and the recharging infrastructure exists to support the car, after showing a concept several months ago. Welsh … [Read more...]
