Tag: fuel prices

Strong sterling protecting motorists – for now

30th January 2018 | 0 Comments

The Petrol Retailers Association (PRA) has warned independent forecourt operators, that a fall in the strength of sterling could potentially see petrol back to 130ppl in the spring.

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PRA urges chancellor to cut fuel duty in Autumn Budget

3rd November 2017 | 0 Comments

The Petrol Retailers Association (PRA) has written to the chancellor of the exchequer urging him to not just freeze, but cut fuel duty by 5ppl in the Autumn Budget this month.

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‘Outlook for UK pump prices uncertain’ – PRA

2nd October 2017 | 0 Comments

The recent rise in fuel prices in the UK is likely to see more fluctuation, but predictions suggest that diesel may continue to rise ahead of petrol. “Much of the sharp upswing in the UK wholesale cost of petrol, caused by a big surge of global prices in the immediate aftermath of the hurricane, was absorbed by retailers such that average pump prices only rose by just over 2.0pp,” commented Brian Madderson, chairman of the Petrol Retailers Association (PRA).

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Petrol retailers warn of fuel price increases following Hurricane Harvey

1st September 2017 | 0 Comments

Fuel prices in the UK will rise following the devastating impact of Hurricane Harvey on the Texan coast, according to the Petrol Retailers Association. Brian Madderson, chairman of the PRA, explained that UK wholesale prices had increased immediately as the storm hit the region.

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UK automotive sector reacts to the Queen’s Speech

22nd June 2017 | 0 Comments

It did not take long for various sectors of the automotive industry and aftermarket to voice their reactions to the Queen’s speech at the opening of Parliament on Wednesday. One such reaction came from Brian Madderson, Chairman of The Petrol Retailers Association (PRA). He said: “The PRA has raised concerns directed at the government’s announcement that large retailers and motorway service areas (MSA) will be required to install electric charge points”.

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‘Filling stations should be included in rates concessions’ – PRA

27th February 2017 | 0 Comments

There are continuing suggestions from government sources that small businesses, especially those embracing ‘hospitality’, will be given concessions on their business rates liability in the March Budget.

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£1 a litre fuel “is history” says PRA

12th April 2016 | 0 Comments

Petrol retailers across the UK are doing everything in their power to hold down pump prices as the summer driving season continues after the Easter holidays, said the Petrol Retailers Association (PRA).

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Lowest petrol sales for 25 years in March 2015

28th April 2015 | 0 Comments

The National Franchised Dealers Association has revealed that petrol sales fell 10 per cent in March to a record low of 1.31bn litres. The month followed growth of around four per cent in February, when drivers took advantage of prices 22p per litre lower than the year before.

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CV fleet operators ‘missing out on £2.6bn fuel savings’

CV fleet operators ‘missing out on £2.6bn fuel savings’

14th April 2015 | 1 Comment

New research from Go Ultra Low has shown that commercial vehicle operators and fleet managers are missing out on a share of more than £2.6 billion potential fuel savings, accessible by opting for an ultra-low emission van.

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AA challenges political parties over fuel duty

17th March 2015 | 0 Comments

AA research reveals that the UK continues to levy the highest level of road fuel tax in the EU – despite four years of a fuel duty freeze. Analysis of road fuel tax levels in Europe shows that, despite UK fuel duty being frozen at 57.95p since March 2011, drivers in this country still pay the biggest chunk (69 per cent) per litre than those in other European countries.

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Call for duty cut as petrol prices fall

13th January 2015 | 0 Comments

“This week the Chancellor of the Exchequer George Osborne, once again exhorted oil companies and retailers to pass on the full benefit of reducing crude oil prices to motorists and businesses”, said Brian Madderson, chairman of the Petrol Retailers Association.

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Falling fuel prices make return of “gas guzzlers” a real possibility

13th January 2015 | 0 Comments

Bigger, less efficient engine cars could make a return in both the new and used markets thanks to falling fuel prices, predicts Glass's. With pump prices at their lowest since 2009 and a general increase in consumer confidence apparent, buyers are much more likely to consider buying a gas guzzler.

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Looking up? Why there’s more room for tyre demand improvements

Looking up? Why there’s more room for tyre demand improvements

23rd December 2014 | 0 Comments

Our review of the year at the end of last year, pointed out how many sources had expected better times for the tyre retail market in 2014. Now as we move forward into 2015, Tyres & Accessories examines the current case for the demand recovery in the market. Many of the wider economic indicators point to broad economic recovery. At the same time pay is rising and inflation is levelling off at around 1 per cent, meaning household incomes should be rising. Furthermore fuel prices are lower than they have been for years. And of course, all this should lead to greater tyre sales volumes and even improved product mix. It is customary to be positive and even optimistic at this time of year, wishing everyone a happy new year etc, but the question remains with regard to our tyre market predictions - will it?

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Now RAC calls for fuel price cut

22nd December 2014 | 0 Comments

The RAC is urgently calling on fuel retailers to pass on further savings in the wholesale price brought about by the continued fall in world oil prices. This overdue cut would reduce the biggest cost of motoring just in time for Christmas, says the organisation. The RAC’s monitoring of fuel prices shows there is scope […]

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Motorists “still being fleeced” – FairFuelUK

17th December 2014 | 0 Comments

UK Motorists are being fleeced on average by approximately £5 each and every time they fill up their vehicles. FairFuelUK estimates that's the amount not being passed on at the pumps to consumers following the biggest and most sustained period of falls in oil prices in recent memory.

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