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BBCNEWS World Business Report July 7, 2024

hello. we start with the soaring cost of living, because the price of filling up an average car here in the uk has hit more than £100 for the first time ever. fuel prices are adding to the intensifying pressure on household budgets, notjust here, but around the world, coming on top of rising energy bills and food prices. our business editor simonjack reports. butcher alistair paul makes deliveries from here in inverness all over the west coast of scotland, but he s considering doing fewer journeys in his three vans, or charging for delivery, as higher fuel costs put a squeeze on the business. we re finding it really 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 s struggling. we re struggling at home. the staff are struggling. you know, we re all struggling. so, it s not only fuel, it s everything else that s going up. at least his business can claim back the ....

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BBCNEWS World Business Report June 4, 2024 04:35:00

Is a question you have to answer when you are wondering what the price will go to. given the global nature of this, it is not something unique to the uk. other countries are grappling with it as well. what have we seen in terms of different approaches different governments have to deal with the soaring cost of fuel? ~ ., , deal with the soaring cost of fuel? ~ . , . , fuel? we have seen much bigger reducers in fuel? we have seen much bigger reducers in the fuel? we have seen much bigger reducers in the duty fuel? we have seen much bigger reducers in the duty that - fuel? we have seen much bigger reducers in the duty that other i reducers in the duty that other countries are applying, and if we look at france, for example, they reduced their duty rate by 15 cents per litre, that is in euros and that equates to about 12p. germany has done a similar thing. they reduced their duty by 1a cents a litre, again, around 12 cents a litre. we had around 12 cents a litre. we had a 5p reducti ....

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MSNBC Sky News on MSNBC March 20, 2022 09:39:00

His way. even a five p reduction in fuel duty will only reduce filling up the car with petrol by two pounds. i don t think that really rises to the scale of a challenge that we face at the moment. which is why, we re calling for a windfall tax on the big profits being made. labor saying they wouldn t stand in the way of any fuel duty. there s been a bit of a pick up for some of these comments on fuel duty. this is the son s political correspondent, natasha clark. she tweeted, she knack gave a bit of ankle on the field or the cut. that s the impression i got as well. we ll have to wait and see. a few more days, but it does feel as if there could be something there. let s bring in some coax again. sam, do you think that it ll be enough to try to calm the bubbling exactly that we re trying to see with the ....

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