UK retailers to see fuel ‘price war’, AA warns
Fuel retailers may be set to engage in a price war, the AA has said.
AA
Fuel duty could be cut by fifth under new scheme
Fuel duty would be cut by a fifth under a radical scheme to change the way roads are paid for.
AA laments ‘hammer blow’ as price of petrol hits highest level in more than a year
The price of petrol has reached its highest level in over a year, new figures show.
Electric car sales to rise ‘once running costs myths are busted’
Electric car sales will soar once motorists overcome their misconceptions about the running costs, according to a new study.
Oil price increase leads to petrol price hike
The surge in the price of oil has scuppered hopes that petrol prices would stop increasing, according to figures.
Petrol prices hit six-month high
Petrol prices have reached a six-month high with many motorists cutting back on car use, according to the AA. And the extension of the districts in which drivers get a special rural area fuel rebate has failed to kickstart sales at the pumps in some places, the AA said. The average price of petrol nationwide is now 117.19p a litre - up from 116.42p a month ago and above £1.17 for the first time since mid-December 2014. Diesel is now averaging £1.21 a litre, compared with 120.7p in mid-May. Since the low point for fuel prices was reached on February 1 this year, average prices have risen by more than 10p a litre. An AA/Populus survey showed that 37% of the 28,080 AA members polled had already started to cut back on car use, with this figure rising to 48% for lower-income drivers. The rural fuel rebate scheme, previously only available for those living on some of the UK’s islands, was extended on May 31 to around 125,000 people living in remote mainland locations, with those eligible getting a 5p cut in pump prices. The AA said today that this had led to a doubling of business at a Devon filling station but that some drivers in Scotland had missed out, apparently due to confusion with the scheme. The AA highlighted a parliamentary question last week by Caithness, Sutherland and Easter Ross SNP MP Paul Monaghan. He asked why proprietors of fuel stations in Durness and Scourie in Scotland had not been reimbursed through the rural fuel rebate scheme for fuel duty reductions they had passed to customers. Treasury Minister Damian Hinds replied that taxpayer confidentiality had to be maintained and he could not comment on individual circumstances. Scotland currently has the priciest petrol, at 117.6p a litre on average, while Wales and Northern Ireland have the cheapest - at £1.17. Scotland also has the most-expensive diesel, at 121.6p a litre while Northern Ireland has the cheapest, at 119.7p a litre - the only area where diesel is under £1.20 a litre. AA president Edmund King said: “Our fuel report this month illustrates vividly the power of pump prices on consumer spending. “It sends out a clear message to government on fuel tax: don’t be mistaken into thinking that because pump prices are 13p-a-litre lower than this time last year that drivers are ripe for another fuel duty increase."