Petrol sales slide could have cost Treasury £1billion

A “huge” drop in petrol sales in the UK earlier this year could have cost Treasury coffers by more than £1billion since 2008. Statistics from the Department of Energy and Climate Change show more than two billion fewer litres of petrol and diesel were sold on forecourts in the first half of this year compared […]

Motorists up in arms over fuel duty increase

Even though taxing poor grannies grabbed the headlines, there was plenty of noise coming from motorists. Many expressed disbelief over George Osborne’s refusal to stop an increase to fuel duty. A 3.02 pence per litre fuel duty increase will take effect on 1 August as planned, it was confirmed in yesterday’s Budget. It means the […]

Income spent more on fuel than rent every month

People in the UK are spending more on fuel than their rent every month, according to FairFuelUK. The organisation fighting for lower fuel prices was seen protesting alongside hundreds of supporters outside Parliament last week to encourage the Government to reduce fuel duty in the UK. According to FairFuel Campaign Leader, Quentin Willson, consumers are […]

‘Disaster’ for economy as diesel hits record price

Diesel prices hit a record high this week in a price spike dubbed a “disaster” for the economy by fuel groups, it was revealed today. The average price of diesel in the UK has overtaken the record set in May last year, reaching 143.05p per litre. This means filling up a commercial van with an […]