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 … [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, … [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 … [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) … [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 … [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 … [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 … [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 … [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 … [Read more...]
Diesel drivers were April fooled on forecourts
The price of diesel fell by nearly 4p a litre in April but still remains at least 16p more expensive than it should be as it’s now 6p cheaper than petrol on the wholesale market, according to data from RAC Fuel Watch. A litre of diesel closed the month costing drivers an average of 159.43p across UK forecourts while petrol was unchanged at 146.5p. This is … [Read more...]
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