10/12/2010

Other UK News In Brief

Petrol Prices Reach Record High

According to the monitors Experian Catalist, petrol prices have hit a record average level of 121.76p for a litre of unleaded petrol. Fuel prices are expected to rise further in early 2011 when fuel duties and higher VAT rates come into play. Experian Catalist has estimated that the new VAT rate will add 2.5p and fuel duties and a further 1p a litre to prices. Currently the diesel price of 125.73p a litre is 8p away from a record. The rise will mean that motorists will have to cough up an average of around £6 more, compared with the start of the year, to fill an average tank. It is estimated that if current prices persist, prices could reach 124p a litre.

Consultation On Pension Discount Rate Launched

The Government has launched a public consultation on the discount rate used to set contribution rates in unfunded public service pension schemes. This is in line with a commitment made in the Spending Review, and follows a recommendation of the Independent Public Service Pensions Commission's interim report. The consultation will close on 3 March 2011.

Fifteen Million Tune In To Live Corrie

Last night almost 15 millions viewers tuned in to the live, hour-long episode of Coronation Street to mark the 50th anniversary of the world's longest-running soap. The soap was watched by 14.9 million viewers, making it the most watched episode in almost seven years. Sixty-five actors and actresses featured on the show, backed by a 300 strong production crew. The live show featured a death, a birth, and a wedding.

(BMcN/GK)

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25 September 2003
Petrol prices to rise next month
Petrol prices are set to increase by 1.28 pence per litre in line with inflation, the Treasury today confirmed.
12 October 2010
UK Inflation Remains At Current Rate
According to the Office for National Statistics (ONS), UK Consumer Prices Index (CPI) inflation remained unchanged at 3.1% in September. Including a higher proportion of housing costs, the Retail Prices Index (RPI), fell back slightly to 4.6%.
07 September 2005
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
21 March 2014
Petrol Prices At Three-Year Low
Petrol prices have fallen to their lowest in three years with the cheaper fuel sold in Yorkshire and the Humber, according the Automobile Association (AA). The national average for petrol is nearly nine pence cheaper than this time last year when in mid-March it was priced at 138.42p per litre a 6.47% more that now which is 129.
12 November 2012
MPs To Vote On Fuel Rise Delay
MPs will vote on Monday evening on plans to increase fuel duty by 3 pence a litre in January. Labour have said "it would be wrong" to bring the new rise in s soon an want it delayed until at least April. Conservative MPs concerned about the cost of petrol said they believed Chancellor George Osborne was "in listening mode" over the issue.