Calls have been made for further investigations in the UK into alleged price-fixing in the oil industry, after European anti-trust regulators confirmed they had carried out raids on several firms involved in the sector. The raids, which took place on Tuesday 14 May, are reported to have involved BP, Shell, Statoil and oil pricing agency Platts. A statement from the European Commission (EC) said it had “concerns that the companies may have colluded in reporting distorted prices to a price […]
The Institute of Directors (IoD) has said a customs frontier is inevitable once Britain leaves the EU.
UK-registered goods vehicles’ share of the international road freight market has fallen to a fresh low of just 13%, new figures from the DfT have shown.
Hoyer UK MD Mark Binns has said he is “confident” this year will be better than last after the firm reported widening losses for the 12 months to the end of December.