Drivers may soon pay over 150p per litre for fuel following substantial price increases, raising concerns about potential profiteering at petrol stations.
Concerns over inflation rise with a 3p increase in petrol prices
In just three weeks, petrol prices have surged by 3p, sparking inflation worries for the Chancellor ahead of next month’s Budget announcement, according to recent data.
BT Tower to be Converted into Hotel Following Sale for £275 Million
The BT Tower, a prominent feature of London’s skyline, has been purchased from the telecommunications giant by MCR Hotels for £275 million.
BT’s earnings soar following significant increase in broadband charges due to inflation.
BT’s profits soared after implementing a 14% hike in prices for its broadband and mobile services, affecting millions of customers.
Shell’s earnings plummet due to declining oil prices
Shell’s earnings fell by nearly a third as the company adapted to reduced oil and gas prices.
BT defends price increases in response to Which labelling them as “outrageous”.
BT Group PLC (LSE: BT.A) has stood by its recent increases in broadband and mobile prices following criticism from the consumer advocacy group Which? who labelled the hikes as “outrageous”.
Shell petrol stations are ‘UK most expensive’ than all other major retailers
Recent data indicates that Shell’s fuel stations in the UK are among the priciest, with the company’s UK outlets averaging 142.6p per litre for petrol and 151.2p per litre for
The RAC states that petrol prices should decrease by 9p per litre following the decline in oil prices.
According to the RAC, petrol prices should have dropped by an additional 9p per litre due to the significant decrease in oil prices.
The RAC reports that motorists are paying an extra £5 for petrol at filling stations.
The RAC has reported that drivers are facing an additional £5 charge when filling up their cars with petrol, as service station operators do not fully reflect the reductions in
In September, petrol prices increased by 5.1p per litre.
Between August and September, the average petrol price increased by 5.1p per litre, as reported by the Office for National Statistics, keeping inflation steady at 6.7%.
Oil prices remain stable at levels close to 10-month peaks.
On Monday, the standard oil price remained steady, maintaining its position above $90 a barrel, a level not seen in the last 10 months. This surge was influenced by recent
Electricity from wind is not cheap, and it might never be
The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and