Britain’s dependency on foreign markets and its inability to meet the nation’s oil and road fuel needs is a “potential time bomb”. A new report by business advisory firm Deloitte for the RAC Foundation suggests the UK’s 35 million drivers are “at the mercy” of international traders as ageing oil refineries are unable to meet […]

A rise in fuel duty due to be introduced in September, has been cancelled by the Chancellor. In his Budget speech yesterday, George Osborne said petrol would now be 13 pence per litre cheaper than it would have been had the fuel duty not been frozen in the last two years. He said: “For a […]