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Recent Fuel Cards News

The RAC announces a possible 50% rise in fuel duty - 16/05/2012

Fleet and Haulage companies could be facing a 50% rise in fuel duty in future years to cover a £13bn hole in Treasury coffers, according to a report. The huge gap in public finances will come from increasing use of more fuel-efficient cars and electric vehicles, the RAC has said. It added that while the fuel duty collected by the Exchequer stands at 1.7% of gross domestic product (GDP), this rate will tumble to 1.1% of GDP by 2029. The report says that vehicle excise duty (VED) would also drop over this period, from 0.4% of GDP to 0.1%, with the combined fall leading to the £13 billion shortfall. RAC Foundation director Professor Stephen Glaister said: "If the Chancellor was faced with a £13bn shortfall in motoring tax revenue t...

Supermarkets are in a petrol pump price war - 11/05/2012

Asda one of the supermarket giants has kicked off a fuel price war after promising to cut fuel prices by up to 2p-a-litre from today. It means that motorists filling up at any of its forecourts will pay no more than 134.7p for petrol and 139.7p for diesel. Sainsbury’s, Morrisons and Tesco all announced they would be cutting fuel prices similarly as a result. All three retail giants use regional pricing policies to determine what they charge based on geographical location and competition, that means drivers in different parts of the country are not necessarily paying the same price for exactly the same product. Today’s reduction represents the first time since late February that diesel prices across the province have fallen below...

Trading Standards Check Petrol Pumps - 09/05/2012

Trading Standards are starting a bid to help motorists to feel certain they are getting a full measure of fuel when they fill up their vehicle. Officers have launched a new scheme in Cumbria involving 40 independent petrol retailers. Regular and unscheduled accuracy tests on fuel pumps have been taking place across the county to make sure they are delivering the correct amount and charging the right price. Recent months have seen the cost of fuel reach record levels and in certain rural areas of Cumbria petrol and diesel prices are higher than the national average. Motoring costs make up a significant proportion of household expenditure and along with rising prices for other consumer goods and services, trading standards say it ...

FTA publishes its 17th European Road Transport Guide - 03/05/2012

The Freight Transport Association (FTA) has published the 17th edition of its annual European Road Transport Guide for UK-based road haulage operators visiting countries in the EU and beyond. With its updated country sections the new guide uses regional profiles to equip transport managers with the information needed to avoid delays and deal effectively with roadside enforcement, often one of the terrors of overseas haulage. Amended information on public holidays, weekend lorry bans, toll prices and other essential facts for fleet operators in both the own account and hire and reward sectors are included and this year Liechtenstein and Monaco have been added to the list of countries covered. There have been numerous other detailed cha...

Transport minister imposes tougher fines for utility companies - 02/05/2012

Utility companies that take too long to complete their road works will face higher fines, Transport Minister Norman Baker has announced. All utility companies that dig up streets and roads must agree a fixed time line for their works with local councils. If works continue over this period and it has not negotiated with the local council then they face a ‘penalty charge’ for each additional the road works that are still there. At the moment, the maximum daily penalty charge is £2,500. From 1st October 2012 this will rise on the busiest roads to £5,000 a day for the first three days, rising to £10,000 a day from the fourth day onward. Councils have been told to spend overrun charge income on implementing transport policies. Norman Ba...