By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Which National Savings Plans have new profit rates?
    July 3, 2025
    They tried Made in the USA. It was too expensive for their customers
    July 3, 2025
    Check out the latest National Savings Scheme profit rates here.
    July 3, 2025
    How Anosh Ahmed is becoming well-known throughout the world through his thought leadership
    July 3, 2025
    Punjab increases leave allowance for ministers, speaker, dy speaker
    July 3, 2025
  • Politics
    PoliticsShow More
    Five Pakistani players reach Asian Junior Squash Championship semifinals
    July 3, 2025
    The US House approves Trump’s “One Big Beautiful Bill.”
    July 3, 2025
    Russia acknowledges the Afghan Taliban government.
    July 3, 2025
    Turkish Foreign Minister Hakan Fidan to visit Pakistan next week
    July 3, 2025
    The foreign minister claims that Iran is dedicated to the nuclear non-proliferation treaty.
    July 3, 2025
  • Technology
    TechnologyShow More
    Microsoft to cut about 4% of jobs amid hefty AI bets
    July 3, 2025
    Pakistani company fits war-affected Gazan girl with prosthetic arm
    July 3, 2025
    Nvidia set to become world’s most valuable company in history
    July 3, 2025
    How China’s new auto giants left GM, VW and Tesla in the dust
    July 3, 2025
    Satellite internet suffers as Pakistan’s Starlink registration expires
    July 3, 2025
  • Sports
    SportsShow More
    Pakistani stars set to clash as Cricket Australia unveils BBL 2025-26 schedule
    July 3, 2025
    Cricket Australia announces Big Bash League schedule
    July 3, 2025
    Australia’s Smith return confirmed for second Windies Test
    July 3, 2025
    Liverpool’s Portuguese forward Diogo Jota dies in car crash in Spain
    July 3, 2025
    Bhogle acknowledges Gill’s batting supremacy
    July 3, 2025
  • Matrimonial
  • Marketplace
  • Chat Room
  • EN
    • AR
    • EN
    • EO
    • FR
    • UR
Reading: According to the RAC, UK fuel is the most expensive in Europe, with retailer margins remaining above average.
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Matrimonial
  • Marketplace
  • Chat Room
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Business > According to the RAC, UK fuel is the most expensive in Europe, with retailer margins remaining above average.
Business

According to the RAC, UK fuel is the most expensive in Europe, with retailer margins remaining above average.

The RAC, an auto and breakdown services provider, claims that UK drivers are paying the highest prices for diesel in all of Europe.

Last updated: 2024/05/29 at 11:45 AM
Published May 29, 2024
Share
2 Min Read
SHARE

The average price per litre for diesel is 155p, which is 5p more expensive than the second highest average price per litre in Belgium and Ireland, which is 150p.
Why do costs seem so high?

RAC findings show that the margin merchants are charging, which is the difference between wholesale costs and the amount it is ultimately sold for excluding VAT, is far higher than the long-term trend.
The corporation stated that the amount can be attributed to a lack of competition.

It’s noteworthy that the average price of diesel in Northern Ireland is only 144.9p – 10p, indicating that there is more competition for fuels there in the absence of supermarket dominance.

According to the numbers, drivers are currently bearing an 18p margin even though the long-term average is 8p per litre.

Reduced gasoline taxes.

The increase occurs even though the government reduced the automobile fuel tax by 5p in March 2022 to assist drivers who were struggling with rising oil prices as a result of Russia’s invasion of Ukraine.

According to RAC research, even European nations with higher gasoline duty rates generally spend less on automobile fuel.

Even though Italy has the joint highest fuel tax in Europe, at 148p per litre on average, diesel there is still 7p less expensive than in the UK.

You Might Also Like

Which National Savings Plans have new profit rates?

They tried Made in the USA. It was too expensive for their customers

Check out the latest National Savings Scheme profit rates here.

How Anosh Ahmed is becoming well-known throughout the world through his thought leadership

Punjab increases leave allowance for ministers, speaker, dy speaker

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
BanerClub May 29, 2024 May 29, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article Sam Bankman-Fried, the FTX cryptocurrency king’s deputy, detained Ryan Salame.
Next Article As the electoral business dispute rages, Sunak business advisers remain impartial.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

The US has tougher visa and green card regulations.
Travel United States July 3, 2025
European climbers ascend and descend Nanga Parbat in a historic alpine ascent.
News July 3, 2025
Which National Savings Plans have new profit rates?
Business Pakistan July 3, 2025
Third interstellar object detected racing through solar system
Marketing July 3, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Quick Links

  • MY BOOKMARK
  • INTERESTSNew
  • CONTACT US
  • BLOG INDEX
Baner ClubBaner Club
Follow US
© 2022 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Captcha:
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
Welcome Back!

Sign in to your account

Register Lost your password?