Green shoots? UK retail sales beat expectations in January February 21, 2025 Brits returned to the shops in January as discount spending fueled the first monthly rise in retail sales volumes since last August. Retail sales volumes rose 1.7 per cent in January, following a fall of 0.6 per cent in December, according to the ONS. Analysts had expected growth of just 0.3 per cent. This was [...]
Petrol prices: Supermarkets accused of using election ‘distraction’ to keep prices high June 17, 2024 The RAC said prices are "far higher than they should be."
Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut March 6, 2024 Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.
Petrol prices fall to lowest level in more than two years December 16, 2023 Petrol prices are at their lowest in more than two years, the RAC has said.
Fuel retailers face fines if they do not ‘come clean’ over pricing November 15, 2023 Fuel retailers face fines if they fail to be more transparent on pricing, Energy Secretary Claire Coutinho has announced.
‘Old habits die hard’: Drivers still feeling the pain from jacked up supermarket fuel margins — watchdog November 9, 2023 Drivers are facing higher prices at the pumps due to increasing fuel margins at a number of supermarkets and retailers.
Manufacturing downturn ‘deepens’ as production drop among fastest on record September 1, 2023 UK manufacturing hit a steep slump this month, figures revealed, as production dropped by a rate “one of the fastest in survey history”. According to the Chartered Institute of Procurement & Supply (CIPS) the UK manufacturing purchasing managers index (PMI) recorded 43.0 in August, down from 45.3 in July. This marked its lowest level since [...]
Supermarket fuel margins more than double since Ukraine war July 22, 2023 Supermarkets have more than doubled their margins on fuel since the start of the war in Ukraine, new analysis suggests. The RAC said Asda, Tesco, Morrisons and Sainsbury’s were making an average of around 4.7p per litre on fuel sales when the Russian invasion began in February 2022. The motoring services company found this had [...]
UK must solve labour issues and cut red tape to help ease food inflation, lobby group warns May 16, 2023 The UK government must address labour shortages and make sure regulations don’t weigh food producers down to help ease food price inflation, an industry lobby group has warned. Downing Street hosted a Farm to Fork event at No10 with retailers, traders and producers invited, as Rishi Sunak announced greater protections for farmers in future trade [...]
Petrol below 145p per litre for first time since November 2021 – now it’s £26 cheaper to fill up a tank May 16, 2023 Average petrol prices have fallen below 145p per litre for the first time in 18 months. RAC analysis shows the average price of a litre of the fuel at UK forecourts has dropped to 144.95p. Prices have not been that low since November 2021. Diesel has reached its cheapest average price since February last year [...]