Pleas from industry to cut petrol duty would cost the government £6bn and lead to a “fiscal black hole” in public finances that would have to be filled by raising other taxes, or by more painful public spending cuts,...
Read MoreBritain hit back at suggestions made by Abdalla el-Badri, secretary-general of the Organization of Petroleum Exporting Countries (OPEC), that the government is responsible for record fuel prices.El-Badri said in an interview...
Read MoreShell reported it’s annual profits have almost doubled (90%) to $18.6billion (£11.5billion) in 2010, boosted by higher oil prices and growing production levels.This works out at at staggering £21,864 a minute in 2010.News...
Read MoreNews has been rife around the Internet that every one’s favorite social networking site “Facebook” has removed one of the protest support pages for this event.We can confirm that the Coryton Fuel protest IS...
Read MoreThe average wholesale price for petrol has fallen by 2p since January 11 from 41p to just over 39p, the AA claimed. Despite this drivers are paying the highest prices on record while other European countries, including Germany,...
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