by Karl Dyson | Jan 24, 2011 | Fuel Prices
The 4th Emergency Service RAC Foundation today warned that fuel prices could rocket to £1.75 in some parts of the UK as volatile crude prices continue to cause pain for already hard up motorists.The RAC Foundation spokesman Philip Gomm said: “For every $2 rise...
by Karl Dyson | Jan 24, 2011 | Fuel Prices
Transport secretary Philip Hammond has admitted that the current level of fuel prices is “clearly a problem” while a parliamentary report suggests that petrol could be rationed to meet green targets.The All Party Parliamentary Group on Peak Oil, a group of...
by Karl Dyson | Jan 16, 2011 | Fuel Prices
PM David Cameron suggested yesterday the Treasury is unhappy about coalition plans to introduce fuel price stabilisation measures.Mr Cameron, supportive of the move since before the general election, said the Treasury is concerned its introduction may leave the...
by Karl Dyson | Jan 14, 2011 | Fuel Protests
Britain is facing possible petrol shortages after the country’s largest union threatened to call 3,000 fuel tanker drivers out on strike. Unite, the union behind the British Airways cabin crew strike, has announced a wave of ballots across the industry in a...
by Karl Dyson | Jan 14, 2011 | Fuel Prices
The cost of oil will hand the Treasury a windfall in extra tax this year while motorists endure record petrol prices. The Government will collect about £12 billion in tax on North Sea oil revenues – 20 per cent more than ministers had forecast, according to latest...
