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CMA investigating fuel retail market
- 09/12/2022
- Posted by: Alan Feldberg
- Category: News
A review by the Competition and Markets Authority (CMA) has found that fuel retailers raised prices quickly in line with higher wholesale costs but were slow to reduce them again when prices fell. Called ‘rocket and feathering’, this practice has been revealed as part of the CMA’s Road Fuel Market Study, [...] -
RAC urges supermarkets to ‘do the right thing’
- 23/11/2022
- Posted by: Alan Feldberg
- Categories: Featured, News
Data from RAC Fuel Watch has found that supermarkets are currently enjoying margins of about 15p a litre on both petrol and diesel. It says that wholesale prices for petrol have fallen by 13p per litre since their October high and diesel prices have fallen by 22p, but these decreases haven’t been transferred to [...] -
Older drivers priced off the road
- 17/10/2022
- Posted by: Alan Feldberg
- Category: News
The cost-of-living crisis will force more than half of older drivers to make fewer journeys and limit their own mobility. This is according to a new survey by disability motoring website MotaClarity. The poll of more than 1,000 drivers aged 50 and over found that 54% were considering placing self-imposed limits [...] -
Workers priced out of commute by fuel costs
- 08/09/2022
- Posted by: Alan Feldberg
- Category: News
New research has revealed that a third of drivers won’t be able to afford their commute if fuel prices continue to rise. As the cost-of-living intensifies, a new study by Volkswagen Financial Services UK (VWFS) has found that 32% of the nation will be priced out of driving to work if petrol and diesel prices [...] -
Motorway charging exceeds petrol prices
- 08/09/2022
- Posted by: Alan Feldberg
- Category: News
The cost of charging an electric car at motorway services can be up to 28% higher than filling up with petrol. This is according to the latest research from What Car?, which drove two electric cars and their petrol-powered equivalents in convoy on a 200-mile journey between Yorkshire and Cobham, just south of [...] -
Fuel prices unfairly high – RAC
- 25/07/2022
- Posted by: Alan Feldberg
- Category: News
The RAC believes that less than 10% of UK forecourts are charging a fair price for petrol and diesel. According to analysis of Experian Catalist data by the RAC Fuel Watch, just 407 of more than 4,500 forecourts have priced fuel fairly, with the vast majority of those being independent garages. The RAC believes [...] -
Used car values on the rise again
- 21/07/2022
- Posted by: Alan Feldberg
- Category: News
Used car values rose to £9,196 in June, according to data released by BCA, making it the first month-on-month rise in values recorded this year. Values improved by £745 across the board compared to May 2022, equivalent to an 8.8% increase over the month, with volumes broadly static. Meanwhile, performance against [...] -
Fuel prices continue rising
- 24/06/2022
- Posted by: Alan Feldberg
- Category: News
Fuel prices have reached a new record high this week, although there are hopes costs on the forecourt will begin to taper off. RAC fuel spokesman Simon Williams said: “Just as more people took to their cars on the first day of the rail strikes the average price of petrol increased to 189.33p, taking a full tank [...] -
RAC warns of steepling fuel costs
- 07/06/2022
- Posted by: Alan Feldberg
- Category: News
The RAC has warned that fuel prices could top 180p per litre this week. It has reported that prices on the forecourt spiked by nearly 5p a litre during the Jubilee weekend, and those rises are set to continue this week. The average price of petrol reached 177.8p a litre by Sunday, while diesel prices jumped from [...] -
Diesel demand down five per cent
- 18/05/2022
- Posted by: Alan Feldberg
- Category: News
Diesel cars continue to be faded out from the UK new car market, with just five per cent of new car buyers stating they’re looking to buy one. This is according to the latest industry research by What Car?, which follows April’s new car registration figures from the Society of Motor Manufacturers and Traders [...]