Are Retailers Just IGNORING an Oil Price Fall?

No Comments | Add Comment | Blog entry posted 17th April, 2015

We often discuss the speed at which fuel retailers pass on oil price savings to end-user customers. A popular view is that there’s usually a delay between an oil price fall and a corresponding drop in petrol and diesel costs. Retailers often cite the fact they fix the price of oil in advance of purchasing as a… more »

Motorists Provide 10% of UK’s Tax Revenue

No Comments | Add Comment | Blog entry posted 16th April, 2015

If you drive a car in Britain, you’re probably more than aware that you pay a fair bit of tax for the privilege. This includes annual tax on the vehicle itself, fuel duty every time you fill up with petrol or diesel, and VAT on the cost of your car and the fuel you use.… more »

Shell Sell Nearly 200 Petrol Stations

No Comments | Add Comment | Blog entry posted 14th April, 2015

While the global tumble in oil prices means that UK consumers can enjoy cheaper petrol, it’s not such good news for the firms involved in supplying it. In a move reported by Reuters to be due to the falling cost of oil, Shell has agreed to sell off 185 British petrol stations to two other firms.… more »

Petrol Prices Up – But Deflation Still Possible

No Comments | Add Comment | Blog entry posted 13th April, 2015

After a long period of continual price drops, the cost of petrol and diesel has been on a slight upward trajectory recently. According to an article in The Guardian, petrol went up in price by 3.6% last month, following a global oil price increase. However, although the petrol price increase is likely to nudge up UK inflation,… more »

Insurance for Mobility Scooters may soon be Mandatory!

No Comments | Add Comment | Blog entry posted 10th April, 2015

If you’re one of those people who dislike EU interference in British laws, we have a great example for you today! This week The Telegraph reported on a debate currently going through EU courts and national bodies, as to whether drivers of mobility scooters, sit-on lawnmowers and golf buggies should be required to purchase car insurance… more »

Car Sales Up – But Diesel Sales Falter

No Comments | Add Comment | Blog entry posted 9th April, 2015

March 2015 was a great month for the UK car industry – in fact the most successful month this century, according to a report in The Daily Mail. Nearly half a million new cars with the latest “15” number plate were shifted last month, with the most popular new car being Ford’s Fiesta. However, sales of diesel… more »

RMT Union Join the Fuel Debate

No Comments | Add Comment | Blog entry posted 8th April, 2015

Soon after oil prices began to fall last year, various parties became quite vocal as to whether they believed consumers were benefitting financially from the trend as much as they should be. This debate hasn’t only involved petrol stations. Bus companies and airlines have also been accused of profiteering by not passing on their substantial… more »

Bank Holiday Traffic as Bad as Expected!

No Comments | Add Comment | Blog entry posted 7th April, 2015

The UK’s Easter holiday season has now been and gone (seemingly in the blink of an eye!) As usual, road chaos was expected for the long weekend. As we reported last week, this was in the main due to substantial engineering works on the train network, which forced even more people onto the roads than usual.… more »

Petrol Prices Continue to Climb

No Comments | Add Comment | Blog entry posted 7th April, 2015

Thoughts of petrol for less than a Pound per litre now seem rather distant, with the news that prices have hit their highest level so far this year. This is based on official government figures reported by This is Money. As usual, there are various reasons for the increases, but rises in the cost of crude oil are… more »