Benton Bros (Transport) said it had to “absorb serious fuel price issues” last year after recording a £28,000 loss for the year ending 30 January 2013. Accounts published at Companies House show that the Lincolnshire haulier’s operating profit also fell, to £88,000 compared with £173,000 the previous year. However, turnover rose 4% to £13.1m from £12.5m the previous year. Chairman Martin Benton declined to comment, but the directors’ report accompanying the accounts blamed the cost of fuel, “as well as […]
Leading independent fuel supplier Prax Petroleum is expanding its coverage of Wales and the South West of England with the opening of a terminal in Cardiff to add to its Dagenham and Immingham sites.
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 […]