Rishi Sunak says he remains a “fiscal conservative” despite unhappiness within the Conservative party about the £15bn cost of living package he announced on Thursday to help people manage rising… The post ‘Fiscal conservative’ Sunak refuses to rule out more help on fuel bills appeared first on London Business News | Londonlovesbusiness.com.
Data firm Experian Catalist said the average price of a litre of petrol was 170.4p on Tuesday and diesel reached a high of 181.4p per litre. The price of petrol… The post The price of petrol has now reached ‘another unfortunate landmark’ which is ‘contributing to the cost-of-living crisis’ appeared first on London Business News…
The Department for Business, Energy and Industrial Strategy (BEIS) has warned on Tuesday that the average price of a litre of petrol at UK forecourts was 167.7p on Monday, which… The post Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs appeared first on London Business News | Londonlovesbusiness.com.
Statistics from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts on Tuesday was 167.6p with diesel hitting a record high of 180.9p… The post The ‘Chancellor must feel like King Canute’ as petrol and diesel price keep hitting record highs putting more pressure on motorists appeared first…
New figures show that diesel prices have now hit a new record high of more than 180p which has been caused because of in an increase in wholesale prices which… The post Ukraine war pushes diesel prices to new record levels ‘despite the Chancellor’s 5p a litre duty cut’ appeared first on London Business News…
75% of UK drivers say car ownership is becoming more expensive and unaffordable. Over 55s (80%) agree with this, compared to 66% of under 34s and 73% of 35 –… The post 75% of drivers say car ownership is becoming more expensive and unaffordable appeared first on London Business News | Londonlovesbusiness.com.
On 23 March the Chancellor Rishi Sunak announced during his spring statement to reduce fuel duty by 5p a litre, but fuel retailers are being accused of refusing to pass… The post Motorists are ‘disappointed that prices haven’t come down further since last week’s fuel duty cut’ appeared first on London Business News | Londonlovesbusiness.com.
The Chancellor Rishi Sunak has suggested that he could cut fuel tax later this month during his mini budget. Speaking in the House of Commons Sunak came under pressure by… The post Chancellor hints at cutting tax to help Brits with the high cost of living 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…