UK motorists won’t make most of drop in oil prices due to weak pound September 24, 2022 Drivers will not make most of oil prices falling due to the pound’s ongoing drop against the dollar. Oil prices have dropped to the lowest since January following recession fears in the UK but, as Brent Crude is priced in dollars, any change in the exchange rate is automatically passed on to motorists. Data from [...]
Queen’s funeral: Drivers warned as Sainsbury’s, Tesco, Asda and Morrisons to shut forecourt petrol stations September 15, 2022 Drivers have been warned not to get caught out after supermarkets including Sainsbury’s, Tesco, Asda and Morrisons said they are closing their forecourt petrol stations on Monday for the Queen’s funeral. The retailers made the announcement today as many companies, including even Heathrow, curtail usual operations out of respect for the late monarch. “All Sainsbury’s [...]
Drivers still get ‘raw’ deal at pumps despite 12p drop September 5, 2022 Drivers continue to get a raw deal at the pumps despite a 12p price drop in August – the highest monthly slump on record. According to an analysis published today by the RAC, the average price of a litre of unleaded is now below 170p when it should be around 161p. Retailers would still have [...]
Tesco joins petrol pump war with 6.5p cut to unleaded after Asda’s 9p drop August 2, 2022 Tesco has slashed its prices for petrol to help customers manage with the cost of living crisis. The supermarket giant said the price of unleaded is set to fall by 6.5p and diesel by 4.5p, as many consumers and businesses continue to struggle with rising energy costs. “We know how tough rising fuel bills have [...]
UK lags behind EU rivals in easing burden of fuel prices August 1, 2022 The UK lags behind many of its EU rivals when it comes to easing the burden of high fuel prices. Data released today by motoring group RAC has shown that – among the EU countries that have cut petrol taxes since March – only Luxembourg and Croatia have done less for drivers than Britain. The [...]
Motorists driving off without paying at pump could cost forecourt operators £100m in 2022 July 22, 2022 A spike in drivers not paying for fuel due to high prices could cost forecourt operators more than £100m in 2022. There has been at 2,054 incidents of drivers refusing to pay at the pump so far this year in the capital, according to a Freedom of Information Request submitted by City A.M., and sent [...]
Motorists warned of disruption as fuel price protesters stage demonstrations July 21, 2022 Fuel price protests are expected to create disruption across the country tomorrow. According to an image posted on the Facebook group ‘Fuel Price Stand Against Tax,’ demonstrations are set to be held nationwide – impacting major urban areas and thousands of people embarking on their summer holidays. Avon and Somerset Police told motorists to expect [...]
Fuelling the fire: Independent retailers ignite petrol price war to attract motorists July 21, 2022 Petrol retailers have kickstarted a price war, with independent vendors slashing costs at the pumps to lure in motorists as the cost of living crisis deepens.
‘Pump-price competition is broken’: AA disagrees with watchdog’s verdict that 5p tax duty cut WAS passed on at the pump July 8, 2022 Motoring groups have disagreed with Competition and Markets Authority’s verdict that the 5p fuel duty cut was reflected in pump prices, as the watchdog calls for further investigation and more transparency. The CMA’s urgent review, ordered by Business Secretary Kwasi Kwarteng, found an increase “refining spread” added 24p a litre to petrol and diesel over [...]
Petrol prices drop slightly for first time since April, but motoring associations say it’s not enough July 6, 2022 Petrol prices have slightly dropped for the first time since mid-April, according to reports from motoring association the AA. Figures have shown that the average price of a litre of petrol at UK pumps went down by 0.3p between Sunday and Monday. The price of petrol yesterday was around 191.3p, well below Sunday’s record price [...]