Fleet News

Fuel duty increases filter through

FUEL duty increases levied in the March Budget are now transforming into price rises at the pumps, according to the latest PHH AllStar monthly fuel report. Chancellor of the Exchequer Gordon Brown announced a 4.4p a litre/20p a gallon rise in unleaded petrol and ultra-low sulphur diesel, a 4.9p a litre/22.3p a gallon rise in unleaded petrol and a 5.5p a litre/25p a gallon rise in ordinary diesel in the Budget.

Fuel prices rises were buffered initially as the actual price of fuel continued to drop due to a strong pound and cheap crude oil. But now, prices are rising with the monthly report suggesting an average 3p a litre/13.69p a gallon rise across all fuel grades compared with March. Keith Greenhead, divisional general manager - fuel at PHH Vehicle Management Services, said he expected fuel prices to continue to rise.

Cheapest and most expensive pump prices in Britain are: Diesel - lowest, Stoke-on-Trent 63.60p a litre/289.12p a gallon; highest, Dover 69.48p/315.85p; national average, 66.95p/304.35p. Unleaded - lowest, Stoke-on-Trent 63.31p/ 287.8p; highest, Dover 69.12p/314.21p; national average, 66.1p/300.49p.

Four-star - lowest, Swansea 69.24p/314.76p; highest, Aberystwyth 75.66p/343.95; national average, 72.17p/328.08p.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee