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BBCNEWS Newsday June 4, 2024 23:19:00 - Vimarsana News

BBCNEWS Newsday June 4, 2024 23:19:00

Simonjack reports butcher alistair paul makes deliveries from here in inverness all over the west coast of scotland, but he is considering doing fewerjourneys in his three vans, or charging for delivery, as higherfuel costs put a squeeze on the business. we are finding it very difficult. the vans are taking about £130 each to fill up for the week. it's up to over £300 a week, where it was, you know, down in the 200s beforehand. everyone is struggling. we are struggling at home. the staff are struggling. you know, we are all struggling. so it is not only fuel, it is everything else that is go...

BBCNEWS Outside Source June 4, 2024 18:39:00 - Vimarsana News

BBCNEWS Outside Source June 4, 2024 18:39:00

Back the vat on fuel, a tax break not available to regular motorists, spending on average over £100 on a tank of petrol for the first time. the price at the pump is about more than just the cost of fuel. in fact, of that £1.82 record per unleaded litre, only 94p is the cost of the petrol itself. transporting it costs 2p. the retailer takes a margin of 3p, then the government adds 53p in fuel duty, recently cut from 58p, and then puts vat on the whole lot for another 30p. so 46%, nearly half, is tax, and because prices have risen so quickly, the government is now getting more money than befor...

BBCNEWS BBC News at Ten June 4, 2024 21:08:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 21:08:00

At least his business can claim back the vat on fuel, a tax break not available to regular motorists, spending on average over £100 on a tank of petrol for the first time. the price at the pump is about more than just the cost of fuel. in fact, of that £1.82 record per unleaded litre, only 9ap is the cost of the petrol itself. transporting it costs 2p. the retailer takes a margin of 3p, then the government adds 53p in fuel duty — recently cut from 58 — and then puts vat on the whole lot for another 30p. so 46%, nearly half, is tax, and because prices have risen so quickly, the government...

BBCNEWS BBC News at Six June 4, 2024 17:13:00 - Vimarsana News

BBCNEWS BBC News at Six June 4, 2024 17:13:00

Agreed a plan to block up to 90% of oil imports from russia, part of a new package of sanctions to punish the kremlin for the invasion of ukraine. our business editor, simonjack, has this report. on this forecourt in essex, drivers are getting used to bad news. there was more today, as petrol prices hit a new record. i'm putting down 50 quid 80 a week. it's only five miles a day, which is ridiculous. just try not to use it as much. be selling it soon. when i first got it a couple of years ago, it cost me 35 to fill up, and now it's 60, so it has gone up a lot. so many different things - in my ...

BBCNEWS BBC News at Ten June 4, 2024 21:14:00 - Vimarsana News

BBCNEWS BBC News at Ten June 4, 2024 21:14:00

European union leaders have now agreed a plan to block up to 90% of oil imports from russia, part of a new package of sanctions to punish the kremlin for the invasion of ukraine. our business editor simonjack has this report. on this forecourt in essex, drivers are getting used to bad news. there was more today, as petrol prices hit a new record. i'm probably doing 50 quid easy a week. it's only five miles a day. it's ridiculous. just try not to use it as much. be selling it soon. when i first got it a couple of years ago, it was costing me 35 to fill up, and now it's 60, so it has gone up a l...