cost of diesel to rise in wake of Brexit

Monday, July 4th, 2016 - autos, cars, motoring, news

Source : cost of diesel to rise in wake of Brexit

Honda Jazz decline inside the value of the pound is usually driving up oil prices. Rumour has one Super Market to be considered high eight pennies to be ready

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motorists to the high cost of diesel is usually about 2.3 pence per liter inside the next two weeks inside the wake of Brexit referendum.

will justify the high prices for oil companies as compensation for the drop inside the value of the pound sterling after Brexit.

“We’ve done the math in addition to also also crunched the numbers. Any rise above three pence per liter to reflect currency movements is usually just opportunism after Brexit”, says Quentin Wilson, leading to FairFuelUK campaign.

rumors circulating last week that will eight pence per liter rise in which Super Series consideration in addition to also also one supermarket, while the item was being quoted as the cost of diesel in large quantities to transport operators which has a few to six pence rise in liters.

However, the founder of FairFuelUK Howard Cox, “warned higher maximum cost pump must be more than three pennies to ensure the margins of retailers similar to the pre-Brexit levels”

in addition to also also AA agreed: “.. We do not see anything that will indicates anything various other than 2.3 pence per liter rise is usually reasonable “

usually, increasing to respond to market movement will take 10 to 14 days to work its way through the system.

“We must remember that will we still have a few pence per liter to get back to where we were last year,” he added AA.

are agreed on all the activists that will the rise will strengthen calls for greater organization of the official government fuel prices, which describes FairFuel “OfPump”.

Read more:

Brexit planned to raise fuel prices

Brexit could harm the growth of the UK automotive industry

by Autocar via RSS



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