A windfall tax should be applied to the UK oil sector with the resulting revenues used to cut fuel duty, if the EC’s investigation into alleged price-fixing confirms widespread malpractice, it has been suggested. Robert Halfon, Conservative MP for Harlow and founder of the PetrolPromise.com campaign, said the EC’s decision last week to investigate a number of firms in the oil sector suggested “significant suspicion that something was going on”. He added: “If this is seen to be widespread, I […]
Jack Richards & Son experienced a strong financial year during 2015, posting a 5.1% boost in turnover and a 16.7% rise in pre-tax profit.
DHL Express is to increase its prices to UK clients by an average of 4.9% next year as it looks to offset rising costs. The company said that the rate rise – which will hit customers throughout the world was due to external costs that are out of its direct control and cannot be compensated through productivity improvements or economies of scale. DHL cites research by AT Kearney from November 2011 which states that volumes for the European courier, express, […]
MP Robert Halfon’s fuel price transparency bill has been killed off, having failed to make its passage through parliament in time.