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BBCNEWS Breakfast June 4, 2024 05:35:00

Almost the strange late is low and we can almost see the strange late is low and we can almost see the pound is strong as possible almost see the pound is strong as possible against the dollar and at the moment it s really not helping so to the moment it s really not helping so to put the moment it s really not helping so to put things into perspective back so to put things into perspective back in so to put things into perspective back in 2008 when oil was hundred a barrel back in 2008 when oil was hundred a barrel the back in 2008 when oil was hundred a barrel the pound is worth $2 and the highest barrel the pound is worth $2 and the highest anyone paid was only £120 so you highest anyone paid was only £120 so you can highest anyone paid was only £120 so you can see the effects of the exchange so you can see the effects of the exchange rate is having on the price at the exchange rate is having on the price at the pumps. ﬁnd exchange rate is having on the p ....

Exchange Rate , Retail Margin ,

BBCNEWS World Business Report June 4, 2024 04:32:00

But many are paying more. i pen; but many are paying more. i pay £2 a litre- but many are paying more. i pay £2 a litre- i but many are paying more. i pay £2 a litre. i do but many are paying more. i pay £2 a litre. i do deliveries, - £2 a litre. i do deliveries, deliveries £2 a litre. i do deliveries, deliveries part-time - £2 a litre. i do deliveries, deliveries part-time and l £2 a litre. i do deliveries, i deliveries part-time and it s deliveries part time and it s just. deliveries part time and it s just. it s deliveries part time and it s just, it s not worth it anymore. just, it s not worth it anymore- just, it s not worth it an more. ~ ., ., . . anymore. we have gone electric and that s anymore. we have gone electric and that s the anymore. we have gone electric and that s the reason, anymore. we have gone electric and that s the reason, the - and that s the reason, the prices and that s the reason, the prices you and that s the reason, the prices ....

Global Diesel , Global Forces , Rocketing Prices , Think Tank , 3 6 , War Hindering International Trade , Halt Growth , Trembling Spec , Covid I9 , Related Slumps ,

BBCNEWS BBC News June 4, 2024 16:15:00

Of the pressure off too. we can cross live to a petrol station in willesden, north london. greg mckenzie is there for us. good afternoon, £186 a litre at this shell petrol station in north london, back in august of last year it was being sold at £1 33 per litre from the same forecourt. many people like spoken to today have said they are simply disappointed, if you say it is going to cross them an exit ten pounds a week, the majority of drivers i have spoken to on this folk art say they are extremely disappointed on this forecourt. this car here is a one litre vehicle. when ijust got it, it would cost me £35 to fill it. i just spent £75, £75 for a one litre car. what if it was a five litre or six litre, you know? obviously if you cannot afford it, don t drive it, but this is myjob, this is my livelihood right now. ....

Petrol Station , North London , Greg Mckenzie , Folk Art , Don T Drive It ,

BBCNEWS BBC News June 4, 2024 16:17:00

£1.50 litre, that is the price that supermarkets and independent retailers pay to buy it, how much they buy it at, the government then has their 53p per litre in fuel duty that has taken off that figure, plus vat, so retailers are saying there isn t much margin for them to cover their overheads because they have to pay staff running the station, insurance, deliveries, all that goes with the petrol station. but the aa is urging the government to introduce a 10p cut on fuel duty just to help people that are financially struggling but the government have said they have already introduced a 5p fuel duty cut in march, but some retailers are being accused of not passing that saving onto the consumer. thank you, ....

1 50 , Fuel Duty , Plus Vat , 5p Fuel Duty Cut , Petrol Station ,

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 going up. 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 ....

Alistair Paul , To Scotland , West Coast , Simon Jack , Doing Fewerjourneys , 200s Beforehand , Everything Else , Vat On Fuel , 41 82 ,