The Office of Fair Trading (OFT) has completed and released their findings on study of the UK petrol and diesel market.
Recently HMRC (HM Revenue and Customs) has published the latest Advisory Fuel Rates (AFRs) with no change to either petrol or diesel rates.
With diesel pump prices spiraling from an average of 135.5p in May 2011 to 148.5p per litre in Sept 2012, an increase of 9.59%, many fleet managers may be tempted to consider a switch back to petrol.
Last week we posted some good news about how faulty petrol pumps benefit drivers. This week we have some bad news as it is looking like the price of fuel is expected to rise once again.
With recent rising fuel costs and the amount of people complaining to Trading Standards about “rip-off prices”, the AA carried out an investigation into petrol stations and how accurate the pumps actually are.