The Best Car Finance Blog In The World

Have you heard of the Environmental Audit Committee? Me neither but they appear to be a group of nutty MP’s who probably drink soya milk and breed chickens. They certainly aren’t part of the real world as their report proves! They have this great idea that motorists should foot the bill for public transport. In turn this has outraged the Taxpayers’ Read more »

As fuel prices continue to rise the Government is under continual pressure to shelve the fuel duty hike. In April the duty will rise from its current 59pence per litre by inflation plus 1p, estimated at 3 to 4 pence per litre. Diesel is already at an all time high and still rising without the duty hike, causing the AA, RAC, Auto Express, RMIF and others to call on the Government to put the brakes on. The RAC pointed out that there have been 8 tax rises applied to petrol over the last 2 years making the Read more »

Warnings have been issued about the likely increase in the cost of fuel at the pumps. Of course we have the increase in VAT in January but the warning has come as a result of French firm Total putting their 500 service stations up for sale along with its supply contract to a further 300 independent outlets. At the same time Murco have also put their network of 200 retail outlets up for sale which means 10% of all the Read more »

Even without the full increase in fuel duty we are seeing a constant increase in fuel cost. Petrol rose by 23% (21 pence per litre) last year whilst diesel increased by 13% (13 pence per litre) and we have already seen fuel increase by about 8 pence per litre this year. On average petrol increased every 2 weeks and as the increase was spread over the year it hasn’t led to serious discontent. But with fuel set to rise Read more »

Experts are warning that the hike in fuel duty taking place this week by 2.3 pence per litre could be the start of significant increases on the way as crude oil increases in cost and the reduced rate VAT is set to end. The RAC predict that pump prices could return to the levels of summer 2008 at around £1.20 litre. So if you are thinking of changing your car you should make sure that you take a close look at fuel consumption, there is no longer the clear distinction between petrol and diesel. By Graham Hill