Donald Trump’s declaration that the US-Iran ceasefire is effectively over has been described as an “ominous” development for UK petrol prices.
Donald Trump’s declaration that the US-Iran ceasefire is effectively over has been described as an “ominous” development for UK petrol prices.
UK diesel prices recorded their biggest monthly fall on record in June, according to RAC Fuel Watch data, as lower oil prices fed through to forecourts.
UK motorists are beginning to benefit from falling fuel costs as easing tensions in the Middle East drive oil prices sharply lower.
British motorists may soon benefit from lower petrol and diesel prices after crude oil fell to its lowest level in three months amid hopes of a diplomatic breakthrough between the
Fuel Price Drop May Be Short-Lived as Oil Surges on Middle East Tensions
The final quarter of 2024 saw the fastest-ever increase in businesses teetering on the edge of collapse following a Budget severely undermining corporate confidence.
British households should prepare for additional tax increases, a leading think tank has cautioned.
Rachel Reeves has announced a £40 billion tax increase as she presented the first Budget by a Labour government in 14 years.
Analysts expect oil prices to drop significantly soon due to concerns about China’s demand.
The AA has warned that eliminating the 5p fuel duty cut in the Budget could lead to “perma-high” petrol prices for drivers in the coming years.