Rachel Reeves urged to shelve fuel duty plans and overhaul taxes amid expected switch to electric vehiclesA pay-per-mile road pricing system must be brought in now, according to Tony Blair’s thinktank, which is urging the...
Read MoreRachel Reeves told to shelve plans for fuel duty and reform taxes amid expected switch to electric vehiclesA pay-per-mile road pricing system must be brought in now, according to Tony Blair’s thinktank which is urging the...
Read MoreCampaigners point out it is often cheaper to drive or even fly within the UK than take the trainFuel duty is expected to rise by up to 7p per litre after the budget, with speculation intensifying that the chancellor will restore...
Read MorePressure on household finances eases as shop price rises slow to 0.2% and petrol costs drop for second monthBritain’s next government is poised to benefit from easing pressure on household finances after a slowdown in...
Read MoreChancellor’s 5p freeze will save £60 a year for well-off motorists compared with just £22 for lower earnersRetaining the fuel duty cut in the budget is a regressive policy that benefits the wealthiest in...
Read MoreSurprise uptick to 4.0% complicates forecasts that Bank of England will cut interest ratesAnalysis: inflation rise complicates outlook on interest ratesWhich UK goods and services have changed most in price?UK inflation rose...
Read MoreConsumer price index rate rises to 4.0%, confounding forecasts of modest fallUK inflation unexpectedly rose to 4.0% in December, complicating predictions for the Bank of England to begin cutting interest rates.The Office for...
Read MorePetrol station owners will have to provide near-live data amid concerns drivers are being ripped offFuel retailers will be forced to share near-live information on price changes at the pump to help drivers find the cheapest...
Read MoreEnergy secretary backs voluntary price comparison scheme in meeting with supermarket bosses rather than new lawThe energy secretary, Grant Shapps, appears to have rowed back on plans for a law to force supermarkets to make fuel...
Read MoreAsda, Tesco, Sainsbury’s and Morrisons to explain why they have failed to pass on savings to customersSupermarket bosses will meet Grant Shapps on Monday after the energy secretary pledged to hold “rip-off...
Read MoreDrivers paying more for petrol and diesel than before Covid because of weakened competition, says CMABusiness live – latest updatesThe UK energy secretary has accused fuel retailers of using motorists as “cash...
Read MoreChancellor to meet watchdogs to discuss claims that company profiteering is stoking inflationBusiness live: Primark-owner lifts profit forecast after price risesJeremy Hunt will ask industry regulators what they are doing about...
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