Fuel prices are falling for the first time in months, as the price of oil drops but experts warn prices will still remain high for the foreseeable future. Brent Oil, the market for crude oil prices, fell below $95 a barrel last week for the first time since Russia’s invasion of Ukraine in February, down by a fifth since the previous month, rising to $105 a barrel at the start of this week. The AA is reporting that average pump […]
Collapsed haulier had debts of £450,000 after losing Pallet-Track membership and key contract, report reveals
West Midlands haulier Adam Jones and Sons collapsed into administration and closed down after racking up losses of more than £450,000 due to the Covid-19 pandemic, according to insolvency experts.
The PetrolPromise campaign has signed up its 70th MP in support of its push for an Office of Fair Trading (OfT) investigation into the price of fuel. Julian Smith, MP for Skipton and Ripon, becomes the 70th MP to lend his support to the campaign, which was set up by MP Robert Halfon MP. Halfon is garnering support in a bid to get the Backbench Business Committee to timetable a parliamentary debate on his motion this autumn. Halfon’s motion calls […]
Government slammed over “wavering approach” to imported goods as checks are delayed until end of 2023
Post-Brexit import checks on goods arriving from the EU will not be introduced this year, resulting in a mixed response from businesses.