Motorists experience further falls in fuel costs
22/11/2013
It has been confirmed that the average price of petrol and diesel has been reduced again, signalling the lowest average for more than two and a half years, the AA has revealed.
Petrol prices have now fallen to a national average of 130.44p, down from 132.16p in October and 138.38p in September, while diesel now costs 137.78p, down from 139.12 in October. The data, which was collected by research firm Experian Catalist, is encouraging news for motorists, and experts believe a stronger Sterling is the main contributing factor.
Edmund King, president of the AA, said: "You cannot underestimate the importance of lower pump prices.
“That is why, when the independent retailers say they would get significant savings from delaying the payment of fuel tax, the AA wholeheartedly supports the move if it helps remote rural and other small petrol stations to survive.
“But in many towns where our members and other drivers complain about pump prices being 5p a litre higher than a few miles up the road, extra relief for the retailers should be reciprocated with fairer pump prices”.
Share this..
Related stories
New charges 'hit vulnerable hardest'
New charges levied against customers who do not pay their bills electronically are likely to hit vulnerable groups hardest, a charity has warned.Credit Action cautioned that with a number of major companies introducing these charges, the elderly and the poor would be the ones to lose out.Traditionally, customers have been offered a discount for paying phone, gas or other bills by direct debit.But...
Read MoreIs the internet the key to your financial recovery?
As more and more people across the UK feel the growing strength of the economic slowdown there are some starting to look ahead to the future and try and get themselves back on an even keel. The internet is the perfect tool for this allowing you to monitor the best deals around, the latest news and point you to areas in which you should be looking.
Debt management advice is availabl...
Sainsbury's surprises on the upside
Half-year profits from supermarket giant Sainsbury's today surprised many analysts with pre-tax profits for the period up to £342 million from £258 million during the corresponding period last year. The company also announced sales growth of 3.7% to £11.15 billion however, when excluding fuel sales this figure is a very impressive 7.9% and reflects the growing status which Sainsbury's has in th...
Read MoreIs it time to review the Barnett formula?
The so called Barnett formula has been a thorn in the side of many governments in Westminster as it has attracted real anger from many of the population who live in England. Despite being the main contributor to UK Plc and raising the most taxes across England, Scotland, Wales and Northern Ireland, the payment per head of population from the central government pot leaves England bottom of the pil...
Read MoreUK Digital Switch Set To Move Closer
As the cost of converting the UK’s radio and TV stations from analogue to digital continues to rise there are renewed calls for the full switch to be brought forward to 2020 at the latest and 2015 if possible. A working party representing the media and those who will be involved in the switch over has highlighted the fact that costs are creeping higher and digital radio and TV companies are...
Read More