Tag: Iran
Labour must slash fuel duty and reduce motorway speed limits to prevent economic damage amid Iran war, says Left-wing think tank
The Institute for Public Policy Research also argued that typical energy bills should be capped at £2,000, with tax raids on energy firms, banks and private air travel to help pay for the measure.
Major UK petrol prices update as '£2 per litre not off the table' despite dip
Petrol prices at the pump are heading down despite the Iran conflict raging on, with the average cost now at 156.82p a litre, but experts are urging UK motorists not to celebrate
Labour's new war on motorists revealed: Cash-strapped councils could be allowed to double parking ticket charges to £160 in 'greedy' move which would 'fleece' drivers already hit by sky-high pump prices
Ministers have admitted they are 'looking into' and 'carefully considering' the findings of a trial in which a council was allowed to hike parking tickets to an eye-watering £160.
Chancellor Rachel Reeves' claims of petrol pump 'profiteering' amid Iran war slapped down by competition watchdog, sparking fresh accusations she's the 'real profiteer' as her VAT windfall hits £350million thanks to rocketing
The Chancellor was publicly humiliated by the Competition and Markets Authority (CMA), which found in a study that margins at the pumps were 'broadly unchanged' since the conflict started.
Santander issues major Wednesday update before £829 payouts to customers
Santander UK profits have slumped by 44%
Government gives key petrol and diesel price update 'cancelling increase'
Prices have rocketed over the past two months
Drivers to be hit by household budget-busting £2billion cost at the pumps thanks to Iran war, piling pressure on Chancellor Rachel Reeves to scrap her planned fuel tax raid
Analysis has found the extra amount motorists have shelled out since the conflict sent forecourt prices rocketing will surge past the grim milestone by tomorrow night.
RAC gives new petrol and diesel update as 'prices fall faster in one part of UK'
The RAC says drivers should expect to see cheaper prices at the forecourts
Panicking motorists hand huge sums to fuel retailers as Middle East crisis sparks stockpiling of petrol and diesel
Brits filling their tanks more often was largely responsible for a 0.7 per cent surge in retail sales in March.
Rachel Reeves rakes in extra £215million from drivers in little over six weeks thanks to higher pump prices sparked by Iran war, analysis shows, sparking fresh calls to follow other countries and cut petrol taxes
Analysis today shows the cost of the conflict to drivers will hit an eye-watering £1.3billion by tonight because of rocketing prices since 28 February, when the war started.
Dates given for UK 'petrol and diesel shortages and price rises'
Professor Nick Butler warns diesel could hit £2+ per litre and says it would be 'perfectly sensible' for ministers to tell workers to stay at home to save fuel
Rachel Reeves is warned fuel tax raid will push thousands of businesses 'to the brink', ramp up food costs for households and stoke inflation
Amid mounting calls for the Chancellor to ditch her planned fuel duty hike, nearly 500 haulage bosses told her now is the 'wrong time' amid rocketing pump prices.
Fuel protests 'being planned across Britain' as pump prices carry on soaring because of Iran war
Farming organisations were reportedly discussing how to carry out similar protests that have brought roads to a standstill in Ireland over the past week.
Relief for drivers at the pumps may not be far away as rocketing petrol and diesel prices sparked by Iran war 'almost ground to a halt', says RAC
The RAC said average pump prices for petrol and diesel rose by less than half a penny between Thursday and today.
UK 'driveway' rule change with EV 'tipping point' amid high fuel costs
Battery electric car registrations reached a record 86,120 in March, up 24.2 per cent year-on-year, as petrol prices rose 18 per cent and diesel jumped by a third amid the Middle East conflict
