The Serious Fraud Office (SFO) has said Greenergy is no longer a suspect in its ongoing investigation into certain aspects of biodiesel trading. The investigation, which began in May and is being carried out jointly by the SFO and Dutch authorities, saw a number of sites, including five of Greenergy’s UK premises, searched and four individuals arrested and released without charge. Greenergy, which supplied 19.4 billion litres of diesel and petrol last year and is Europe’s largest producer of waste-based […]
Hauliers working for Aggregate Industries (AI) have been hit with a 3% reduction in their rates after the construction materials supplier said fuel prices had plummeted.
FairFuelUK (FFUK) has warned chancellor George Osborne that ending the five-year freeze on fuel duty in the Budget this Wednesday (16 March) would slow down UK economic growth.
Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due to cost increases of £4m “which have not been fully recovered through rate increases, mainly due to the increase in our customers’ costs”. Furthermore, £11.4m […]