Petrol stations have been accused of overcharging drivers after the competition watchdog reported a sharp rise in fuel profit margins.
Motorists Set for £740 Compensation Following Car Insurance Scandal
More than 270,000 motorists are in line for compensation worth around £200m after insurers were found to have unfairly reduced claim settlements.
The RAC reports with oil at a four-year low, petrol prices should be falling too this easter
Oil prices are hovering near their lowest point in four years, prompting renewed calls for fuel retailers to lower pump prices.
AA warns petrol prices are nearing peak levels seen during the Ukraine war.
The AA has warned that petrol prices remain “uncomfortably close” to their peak levels from the first two years of the Ukraine war despite a global slump in oil prices.
Nearly 47,000 UK businessess in “Critical Financial Distress”.
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.
UK petrol prices drop to lowest level since lockdown
Fuel prices across the UK have fallen to their lowest levels in three years, providing some relief for drivers ahead of Christmas, according to figures released on Wednesday.
Prepare for additional tax increases, warns Institute for Fiscal Studies (IFS).
British households should prepare for additional tax increases, a leading think tank has cautioned.
Budget 2024 – Rachel Reeves has announced a £40 billion tax increase.
Rachel Reeves has announced a £40 billion tax increase as she presented the first Budget by a Labour government in 14 years.
UK – Petrol prices hit three-year low
The price of a litre of petrol has dropped to its lowest level in three years, according to industry data, due to decreasing global oil demand.
Petrol prices decline sharply as electric vehicle adoption follows a ‘downward trend’
Petrol and diesel prices are dropping at their fastest rate this year, relieving motorists as electric vehicle adoption falters.
Petrol prices should be 6p per litre lower than what drivers are currently paying at the pump.
According to the RAC, petrol prices should be 6p per litre lower than drivers currently pay at the pump.
Supermarket profit margins are ‘nothing short of outrageous,’ says RAC
Drivers continue to overpay for fuel as retail margins remain “significantly” above historical levels, according to the Competition and Markets Authority (CMA).