Financially challenged Welsh families are forking out more of their weekly income for fuel than Londoners. The North East has the most expensive fuel in the entire UK, new research can reveal and they spend a bigger percentage of their weekly wage on fuel than any other region in the UK, as petrol prices hit their highest level on record. Motorists in … [Read more...]
Expensive half-term for motorists
It’s going to be an expensive half-term break for families this week. Brian Madderson, Chairman of the Petrol Retailers Association, warned that the record pump prices of 142ppl for petrol and 148ppl for diesel set in April 2012 are almost certain to be eclipsed before the end of October. Experian Catalist UK averages for 19 October were 141.35ppl and … [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...]
Pump prices climbing higher, says RAC Fuel Watch
The average price of petrol shot up by 3.5p to 120p a litre in January – a price last seen the day before the first Covid-19 lockdown on 22 March 2020 and the third consecutive monthly increase, says RAC Fuel Watch. Diesel also went up by more than 3p a litre from 120.05p to 123.43p (3.38p), making for the second rise in as many months. Both fuels, however, … [Read more...]
Newslines 2 February
Nissan introduces the LEAF10, a special edition of the popular all-electric car, to celebrate a decade of sales as the first mass-market EV in the world. Available in UK dealerships from February, LEAF10 introduces a new bold body colour to the Nissan palette, complemented by exquisite pattern detailing on the exterior from £28,820 OTR (including the Plug … [Read more...]
Supermarkets cashing in on motorists, says RAC
Three of four supermarket retailers increase their prices by 3p a litre despite wholesale price only rising by just over a penny a litre. The price of fuel rose by 2p a litre in December as a result of three of the UK’s major supermarkets putting up their prices well above the increase seen on the wholesale market, data from RAC Fuel Watch shows. The … [Read more...]
Newslines 7 December
Fuel prices remained almost unchanged in November despite a barrel of oil shooting up $10 to $46 – a 27% monthly rise, shows data from RAC Fuel Watch. The average price of a litre of unleaded across the UK at the end of November was 114.33p – having fallen very slightly (0.19p) from 114.52p at the start of the month, while diesel dropped by a similar amount … [Read more...]
Dire warning over fuel duty rise
Speaking in response to rumours circulating of a potential fuel duty rise, Elizabeth de Jong, Director of Policy at Logistics UK,said it would be big blow to the UK’s recovery after coronavirus. “Logistics UK and its members are extremely concerned by rumours circulating of a significant fuel duty rise in the Autumn Budget. Logistics businesses have … [Read more...]
Fuel prices collapse but there’s a warning as well
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 … [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 … [Read more...]