FairFuelUK (FFUK) has received more than 15,000 signatures of support in the past day backing its call for an investigation into the UK fuel market. FFUK wants the Office of Fair Trading (OFT) to take the issue on, after a report commissioned for G20 finance ministers warned oil traders may have been artificially inflating wholesale prices. It also wants the financial regulators to look at whether traders and speculators have, in the style of the banks and the Libor rate, […]
TfL is studying the implications of a peak hours ban on LGVs in the capital, but remains unconvinced of its desirability.
Operators across the UK are expected to lower subcontractor rates in light of falling fuel prices, said the RHA, after it emerged Wincanton’s general haulage operation had reviewed subcontractor rates for this reason.
Harlow MP Robert Halfon has called for a parliamentary debate on whether the Office of Fair Trading (OFT) should investigate UK fuel prices. The Conservative MP wants a debate and vote to focus on the non-duty portion of petrol and diesel prices: specifically on whether there is a need to investigate possible price-fixing and anti-competitive behaviour by oil wholesalers. Halfon is seeking to table a Commons Motion on the issue, which has been backed by 65 cross-party MPs, and he […]