In August, drivers faced one of the steepest monthly increases in fuel prices in over two decades, as recent data reveals.
UK Supermarkets accused of driving up petrol prices by 6p a litre
The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.
Diesel prices have been reduced by supermarkets in response to concerns raised by the competition watchdog.
Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.
RAC cautions against diesel price gouging in the UK despite a decrease in wholesale costs
A leading UK motoring organization, the RAC, has accused retailers of artificially raising diesel prices at the pump, even though wholesale prices for diesel have dropped below those of petrol.
Despite the fall in oil prices, diesel is still 17 pence more expensive per liter than petrol
According to a report by a motoring group, despite similar wholesale costs, diesel is being sold at an average of 17 pence more per litre than petrol.
Following the discovery of additional cracks, EDF has been directed to inspect 200 nuclear pipe weldings.
The French nuclear safety authority, ASN, has mandated that EDF carry out inspections on approximately 200 pipe weldings throughout its 56-reactor fleet.
EDF reported a record annual loss and massive debt in wake of Ukraine war
EDF, the French state-controlled energy firm, announced a record annual loss and significant debt, caused by the consequences of the Ukraine conflict and the shutdown of various nuclear reactors.
As temperatures drop, Britain’s blackout plans are put to the test
The first snowfall of winter is here, and the mercury drops below zero this week. Britain’s energy supply faces its greatest test since Vladimir Putin invaded Ukraine.
UK Energy prices drive inflation to 41-year high
Inflation rose to an all-time high for milk products, pasta, and energy in October despite government assistance to lower bills.
Germany launches emergency cash plans in order to deal with blackout
Four people familiar with the matter said that German authorities have increased their preparations for emergency cash delivery in the event of an economic blackout. This is in response to
UK considering big increase in energy windfall tax
Sources said that Jeremy Hunt, the British finance minister, is looking at a significant increase in a windfall income tax on oil and natural gas companies and extending it to