Asda’s sales slump has deepened as the supermarket continues to lose ground to discount rivals despite efforts to overhaul stores and cut prices.
Oil price drop bellow $60 renders Russian price cap ‘irrelevant’
The Kremlin can now largely disregard the G7’s price cap on Russian oil exports, as the global benchmark price has fallen below $60 a barrel.
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.
The Kremlin is desperately hoping that Trump’s return will bring an end to the war.
Russia’s sudden eagerness to engage with U.S. President Donald Trump’s efforts to end the war in Ukraine comes as no surprise. The Kremlin is desperate for the conflict to conclude,
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.
Asda Owners Distribute £44 Million Payout Despite “Embarrassing” Performance
Asda’s owners have approved a payout of £44 million even though the company has reported an “embarrassing” performance. This decision highlights the owners’ commitment to rewarding shareholders despite the supermarket
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.
UK car manufacturers may continue selling hybrid vehicles until 2035.
Under proposals being considered by ministers to ease rules encouraging a shift to fully electric cars, hybrid vehicles could remain on sale in the UK until 2035.
“Germany Set to Lose 190,000 Jobs Due to Transition to Electric Cars”
A new study has warned that Germany’s car industry could lose nearly 190,000 jobs as manufacturers shift towards electric vehicles.
Reeves urged to increase taxes on petrol cars to encourage electric vehicle adoption
According to a report from the Resolution Foundation, an economic think tank, ministers should consider increasing taxes on petrol and diesel vehicles to help lower the “premium” on electric vehicle
Demand for electric cars falls to lowest level in four years
Only 13% of drivers intend to purchase electric vehicles, marking a challenge for Labour’s net zero goals.
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.