UK petrol and diesel prices have climbed to their highest levels in four years, adding fresh pressure to household budgets as the latest surge in oil prices feeds through to
UK petrol and diesel prices have climbed to their highest levels in four years, adding fresh pressure to household budgets as the latest surge in oil prices feeds through to
UK petrol prices have climbed to their highest level in four years as the latest escalation in the Middle East pushes oil and wholesale fuel costs sharply higher.
Asda published its Q2 results (Apr-Jun 2026) and has returned to underlying sales growth for the first time in more than two years, according to Shore Capital, providing an early
Morrisons cut almost 5,000 jobs last year as the supermarket sought to control costs amid heavy debt and widening losses.
Asda has reported another decline in sales, making it the only major UK supermarket to go backwards during a summer period that delivered growth across most of the grocery sector.
UK petrol and diesel prices have started to rise again as higher crude oil prices feed through to wholesale fuel costs.
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.
Drivers avoided filling up at petrol stations last month as soaring fuel prices triggered by the Iran conflict prompted motorists to delay purchases, according to the AA.
UK fuel prices have started rising again following last week’s sharp surge in oil markets, which briefly pushed crude prices to their highest level in four years.
UK inflation could climb to around 4% by November as the Iran conflict drives up energy costs, according to forecasts from Capital Economics.