Motorists are paying too much to keep driving, say Government watchdogs and the RAC. Petrol and diesel prices are staying high because there are fewer forecourts vying for business, according to the latest report from the Competition and Markets Authority. And EV charge-point operators have not slashed prices despite wholesale generation costs coming down, added the RAC. RAC head of policy … [Read more...]
Rising petrol prices spark more ev interest
Almost all dealers believe that there is a direct link between higher petrol prices and buyers' interest in electric cars. November’s new Startline Used Car Tracker shows that 52% say the correlation is “significant” while 47% believe there is “some” impact. Overall, 60% think consumers are attracted to electric cars by low refuelling costs, 37% say higher petrol prices make consumers think about … [Read more...]
Newslines 4 October
The average price of petrol and diesel fell by 6.5p in September – the ninth biggest monthly drop seen since 2000, said RAC Fuel Watch. A litre of unleaded averaged 134.79p, down from 141.26p at the start of the month while diesel fell from 146p to 139.5p so drivers are now saving £3.60 every time they fill up an average 55-litre family car and the RAC believes they could stay low for some time, … [Read more...]
Budget fuel-duty change threatens to fire inflation
Removing the five pence per litre cut in fuel duty could drive inflationary cost pressures, raising prices for businesses and consumers, according to a submission made by business group Logistics UK to the Treasury ahead of the autumn Budget on 30 October. The business group, which is one of the UK’s largest and only trade body representing all logistics, outlined its concerns that increasing … [Read more...]
Newslines 9 August
The North East is home to Great Britain’s safest roads, with just under 2% of all the country’s collisions in 2022, according to analysis of accident data. The study by Go.Compare Car Insurance said North East had just 6,122 accidents across the year, while Wales and Scotland complete the three safest British regions, both boasting just 4% of all total collisions while they jointly made up less … [Read more...]
Forecourts still keeping up fuel prices
Fuel prices fell for the second consecutive month but not by as much as they should have with a litre of petrol reducing by 3p and diesel by nearly 4p, shows analysis by RAC Fuel Watch. At the end of June the average price of petrol across the UK was just under 145p a litre – down from 148p at the start of the month. Diesel dropped to under 150p (150.13p) for the first time since early February, … [Read more...]
Newslines 17 May
National Highways is spearheading the electrification of its vehicle fleet with the Toyota bZ4X. The company responsible for operating, maintaining and improving England’s motorways and major A-roads has ordered 51 of the battery electric SUVs as daily transport for its team of inspectors. The RAC has this week written to Energy Secretary Claire Coutinho to draw her attention to the fact that … [Read more...]
Fuel prices again rising even before Budget, says RAC
The price of petrol has gone up more than 3p a litre in the last three weeks while diesel has increased by 4p, the RAC has revealed. Worryingly for drivers, unleaded has risen by 3.2p from 140p on 29 January to 143.4p on 18 February and diesel has shot up from 148p to 152p in the same period, adding around £2 to filling up a family car. RAC Fuel Watch data shows petrol had been on a welcome … [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...]
Fuel prices rising once more say RAC
Fuel prices have jumped again, said the RAC. The average price of petrol rose in July making for the second consecutive monthly increase while diesel remained stable, data from RAC Fuel Watch reveals. A litre of unleaded across the UK now costs 145p, up a penny since the start of the month and nearly 2p since the beginning of June. Worryingly though, the wholesale price of petrol rose 6p a litre … [Read more...]
- 1
- 2
- 3
- …
- 6
- Next Page »
