The Government is to take action to get petrol companies to pass on cuts in global oil prices to motorists at the pumps.
FirstGroup plans overhaul of its bus services
Wednesday 23 May 2012
FirstGroup put more of its bus services on the block today after admitting fuel costs, lower demand and reduced subsidies were hurting the division.
Largest demonstrations since Saffron Revolution as Burmese protesters take to streets over power cuts
Wednesday 23 May 2012
Debilitating power cuts in Burma have pushed hundreds of protesters out on to the streets in the biggest public demonstrations since the Saffron Revolution five years ago. Several members of Aung San Suu Kyi’s opposition party have reportedly been detained.
Market Report: Hammerson back in the takeover bid spotlight
Wednesday 23 May 2012
There has been no shortage of takeover chatter around Hammerson lately. The possibility of the developer – whose portfolio includes the Brent Cross and Bullring shopping centres in north London and Birmingham – being snapped up has caused much excitement, and the bid spotlight was switched back on yesterday.
9% oppose Shell pay report at AGM
Tuesday 22 May 2012
Nearly 10% of shareholder votes rejected Royal Dutch Shell's pay report at its annual meeting today after the oil giant's boss doubled his earnings last year.
Petrol prices fall to 38.40p a litre
Friday 18 May 2012
Hard-pressed motorists have enjoyed a respite from record-high fuel prices in recent days, according to AA figures.
Drivers near 'breaking point' over fuel prices
Tuesday 15 May 2012
Continuing rises in the price of petrol could drive some motorists off the roads for good, according to a survey.
British Gas owner Centrica warns of rising costs
Friday 11 May 2012
Households were facing the prospect of more price hikes today after British Gas owner Centrica warned its costs continued to mount.
£211 loss for BA owner International Airlines Group
Friday 11 May 2012
Rising fuel costs and the impact of Spain's economic crisis left the owner of British Airways and Iberia nursing big quarterly losses today.
Air France-KLM posts £299m loss
Friday 04 May 2012
Air France-KLM posted a first-quarter net loss of 368 million euros (£299 million) today, saying that high fuel costs and a continued drop in cargo had cut into its profits.
Supermarket chain Asda cuts fuel prices
Thursday 03 May 2012
Supermarket chain Asda is to cut its fuel prices by up to 2p a litre.
Petrol prices hit a new high
Friday 20 April 2012
The price of petrol at the pumps has risen to a new high, the AA said today.
Spain oil company Repsol criticises Argentina over YPF takeover bid
Tuesday 17 April 2012
In a bold move to gain control of Argentina's energy reserves, President Cristina Fernandez de Kirchner pushed forward a bill to renationalise the country's largest oil company despite fierce criticism from abroad and the risk of a major rift with Spain.
Steve Richards: Bus fares and gas bills now decide votes
Thursday 12 April 2012
Prices are political. On one level this is a statement of the obvious. Of course the price of goods or services is political. Voters get worried or angry about how much things cost. Leaders who want to win elections must take note. Except that for the past three decades, the price of things is not something voters have got especially worked up about.
Upside of the downturn: rising fuel prices mean Easter travel chaos may be avoided
Monday 09 April 2012
Record fuel prices, recession and rain could make the drive back home after the Easter break one of the quietest for years.








