UK diesel costs ranked highest in the world

  • 2 Jul 2015

Despite it making headlines that the UK’s petrol prices are back into the global ‘Top Ten’, many failed to recognise that Britain actually has the world’s most expensive diesel.

Out of the 170 countries surveyed by Global Petrol Prices, the UK’s diesel prices were ranked the highest.

Why?

With long experience in the sector, The Fuelcard People’s group marketing manager, Steve Clarke, is perfectly positioned to comment on the issue.

He claims that, whilst the research offers an explanation for the internationally differing prices, there is “no mystery to the UK’s embarrassing position.”

“Each nation buys oil on the same global markets, but then imposes its own taxes. The price on our forecourts includes 59% for diesel, 61% for petrol.”

Steve argues that having to pay the highest fuel duty in Europe is crippling the UK’s economy – and hindering its recovery.

What does it mean for the UK?

Unfortunately for the UK, even firms in notoriously expensive places – such as Monaco, Switzerland and Luxembourg – pay less for their petrol.

With fuel being a major cost for any business using the roads, the UK is trying to compete internationally on an uneven playing field.

“With a deficit to clear and no room for manoeuvre, nobody should expect the government to be reducing fuel duty in the foreseeable future,” concludes Steve.

The Fuelcard People aims to reduce refuelling costs for its customers, typically by up to 4p per litre for both petrol and diesel.

Leave a Reply

Latest news

Altro

Altro distils style and performance at English Spirit

English Spirit Distillery has used an extensive package of Altro products front and back of house, in their new visitor centre café, shop and viewing area for the working distillery.

Posted in Articles, Bathrooms, Bedrooms & Washrooms, Building Industry News, Building Products & Structures, Building Systems, Case Studies, Floors, Interior Design & Construction, Interiors, Kitchens, Restoration & Refurbishment, Retrofit & Renovation, Timber Buildings and Timber Products, Walls

Abloy

Abloy UK creates bespoke locking solution for Secure Information Boxes

Abloy UK has supplied The Safety Letterbox Company Ltd with a bespoke Sentry CL811 Camlock for use in its Secure Information Boxes, assisting life safety and complying with new regulations and legislation for high rise buildings.

Posted in Access Control & Door Entry Systems, Architectural Ironmongery, Articles, Building Industry News, Building Products & Structures, Building Regulations & Accreditations, Building Services, Case Studies, Facility Management & Building Services, Health & Safety, Posts, Restoration & Refurbishment, Retrofit & Renovation, Security and Fire Protection

CUPA

CUPA: CUPACLAD enhances hotel aesthetics with a creative natural slate façade

Situated at the northern edge of a newly developed retail park near Bristol, the Abbey Wood Travelodge was conceived as part of the company’s new Budget-Luxe line of hotels – it features CUPACLAD, from CUPA PIZARRAS.

Posted in Articles, Building Industry News, Building Products & Structures, Building Systems, Case Studies, Cladding, Concrete, Cement, Admixtures, Facades, Posts, Restoration & Refurbishment, Retrofit & Renovation, Walls

Origin