rising prices Articles

Ways contractors can combat rising VED and fuel prices in H1 2017

The dawn of the New Year took on a somewhat bum note for business drivers and other motorists thanks to a double whammy of cost increases to swallow, with a headline from the BBC1 reporting that ‘fuel prices hit 18-month high after OPEC production cuts’ and ITV News stating ‘drivers face most expensive petrol prices in two years’. The 24% jump in the price of oil seen from mid-November to the end of December contributed to petrol and diesel prices increasing by over 3p per litre during the festive month.