UK commercial vehicle (CV) production grew 92.2% in the second month of 2022, with 8,278 vans, trucks, taxis, buses and coaches rolling out of British factories, according to figures published today… The post UK commercial vehicle production rises 92.2% in February but still below pre-pandemic levels appeared first on London Business News | Londonlovesbusiness.com.
A leading global cost and supplier optimisation consultancy has seen a sharp increase in the number of businesses seeking their help with soaring prices since the start of the year.… The post Ukraine conflict adds to soaring business costs concern says leading consultancy appeared first on London Business News | Londonlovesbusiness.com.
MPs have been warned that diesel prices could hit £3 per litre should Russia be shut down and oil prices rise. Dr Amrita Sen said, “We really haven’t got an… The post If Russia is shut down and oil prices rise diesel prices could hit £3 per litre MPs told appeared first on London Business…
Motorists are being warned to expect to pay at least £2 a litre with diesel to hit £3 by the weekend at UK forecourts which could bring the nation to… The post Soaring fuel prices will see diesel to hit more than £3 by the weekend which could bring the nation to a halt appeared…
UK fuel prices are continuing to hit new record highs amid the Ukraine war and there is no end in sight for spiralling costs for motorists. Figures from data firm… The post The AA warns ‘£7 a gallon could well be a watershed moment’ as fuel prices hit record high amid Ukraine war appeared first…
UK new car registrations rose by 15.0% in February as 58,994 new cars joined Britain’s roads, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).… The post Car industry calls for VAT fairness on charging as February market gets electric boost appeared first on London Business News | Londonlovesbusiness.com.
The Russian Ukraine war has pushed the price of oil to $113 per barrel on Tuesday which has had a knock on effect as fuel prices have hit a new… The post Fuel prices skyrocket as Russian invasion of Ukraine has pushed oil to $133 a barrel appeared first on London Business News | Londonlovesbusiness.com.
Russia has launched a “full scale invasion” in Ukraine which has pushed the price Brent crude above $100 per barrel which will have a severe impact on motorists. Drivers are… The post Russian invading Ukraine pushes Brent Crude above $100 a barrel hitting petrol prices hard appeared first on London Business News | Londonlovesbusiness.com.
Luxury car marker Aston Martin today revealed it has stemmed heavy losses last year after sales rose following the pandemic. Bosses revealed pre-tax losses reduced to £213.8 million from £466… The post Aston Martin narrows losses as pandemic pain eases appeared first on London Business News | Londonlovesbusiness.com.
As a result of Russian forces entering eastern Ukraine motorists have been warned to expect to see soaring petrol prices in the weeks and months to come. Brent crude has… The post Ukraine crisis expected to push petrol price soaring as Brent crude nears to $100 a barrel appeared first on London Business News |…