Drivers still 'short-changed' on petrol costs
Petrol prices have fallen but drivers are still being short-changed, according to the AA.
Tax U-turns: Government rediscovers its ruthless streak
What does this government has against grandparents? We've had u-turns on the pasty, caravan and the charity tax, but the granny tax remains.
Petrol prices 'set to increase'
UK petrol prices have for the second month running fallen by more than 4p a litre but fuel duty is due to increase again in August.
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Petrol prices could rise in next few days
The Petrol Retailers Association is warning that petrol prices could go up in the next few days.
After three months of falling prices at the pumps, wholesale prices have risen by five pence a litre since Christmas.
ITV Daybreak's Katy Fawcett reports.
Drivers still 'short-changed' on petrol costs
Petrol prices have fallen but drivers are still being short-changed, according to the AA.
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Squeezed motorists let down, the AA warns
– AA president Edmund KingThe average UK domestic energy bill is £1,252, but the cost of fuel for the average car consuming 1,200 litres a year is over £1,500.
This week the Government said it was going to tackle high gas and electricity bills, yet lets drivers and businesses down by not reacting swiftly to runaway wholesale and pump prices.
George Osborne faces pressure over fuel hike
Motorists received another blow earlier this week when Labour's Commons motion to have the planned January 3p-a-litre fuel duty rise deferred was defeated.
However there is speculation that Chancellor George Osborne will announce a postponement of the rise in his autumn statement next month.
AA: Drivers continue to be short-changed on fuel
The AA have said that drivers and businesses are still being short-changed, despite the threat of an Office of Fair Trading (OFT) investigation of the road fuel market.
On average, the cheapest petrol at the moment is in Yorkshire and Humberside (134.3p a litre) and the most expensive is in south-east England at 135.7p.
Yorkshire and Humberside also has the cheapest diesel (141.0p) with Northern Ireland the most expensive (142.6p).
Petrol prices condemned despite fall
Petrol prices have fallen but drivers are still being short-changed, according to the AA.
Average petrol prices have gone down from 138.95p a litre in mid October to 135.08p now, with diesel dropping from 143.74p a litre to 141.89p.
But the fall in wholesale petrol prices across Europe should have knocked UK pump prices down by 10p to 11p a litre, the AA said.
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Nadine Dorries attacks Osborne over junior minister's Newsnight appearance
Economic Secretary Chloe Smith faced a difficult round of interviews as she attempted to explain the decision to scrap a planned fuel duty increase on BBC's Newsnight.
Conservative MP Nadine Dorries has blamed the Chancellor George Osborne for what is being regarded as a very poor performance by the junior minister.
I was at a dinner last night so didn't see Newsnight, however, if Osborne sent Chloe on re scrapping 3p he is a coward as well as arrogant.
From @NadineDorriesMP on Twitter:Newsnight last night would have been a tough gig for a Minister with years of experience - Chloe is a good egg and didn't deserve that.
From @NadineDorriesMP on Twitter:The submarine Chancellor sacrifices another Minister whilst he slips under the surface...again.
From @NadineDorriesMP on Twitter:Asked whether Ms Dorries would be disciplined for her attack on Mr Osborne, a source close to the Prime Minister said: "Nadine is Nadine, isn't she? What can you do?"
Fuel freeze 'funded by Government underspend'
Economic Secretary to the Treasury, Chloe Smith, said the freeze on fuel duty announced today would be funded through underspend in Government departments, but would not be drawn on which departments.
She told BBC2's Newsnight:
It is not possible to give you a full breakdown at this point because the figure is evolving somewhat,
Energy chairman: 'Fuel duty u-turn should not have been top priority'
Conservative Tim Yeo, chairman of the energy and climate change committee told Channel 4 News tonight that the Government's u-turn on fuel duty would not have been his "top priority" and he "regrets" the option was chosen.
Mr Yeo said: "I think the priority should have been to continue working to take low income families on less than £10,000 out of tax. That's a coalition priority and I think spending the money that way would have reached lots of low income families."
RMI chairman: 'Deferring fuel duty will give us time to prepare'
Brian Madderson, chairman of the Retail Motor Industry, has told ITV News that it was "excellent news for motorists" that the Chancellor has scrapped plans to increase fuel duty this year.
Mr Madderson said that although the decision was to "defer" the move, it would "give more time" to prepare for the George Osborne's Autumn statement.
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