Whoa! Averaging 66,000 Unique Weekly Readers! 


Price of fuel cut across Asda filling stations.

1 Mins read

Asda have reduced the price of fuel across their filling stations again today, cutting the price by 2p per litre on Unleaded and 1p per litre on diesel. The supermarket chain is also calling for the government to maintain the freeze on fuel duty in the Autumn Statement.

Asda’s October Income Tracker showed that falling fuel costs, along with falling food costs, continue to be one of the main drivers behind the rise in discretionary income (the money left over once essentials like bills, food and housing have been paid for).

The report shows that inflation on vehicle fuel is down by -14% compared with the same period last year and when the national picture is broken down, the falling cost of fuel and food is even more central to boosting household spending power in regions such as Scotland, Northern Ireland and the North East of England, and a rise in fuel duty would hit families in these regions hardest.

For example Northern Ireland has one of the strongest car economies in the UK and as a result households spend an average of £35 a week on fuel (way above the UK average of £24 a week) – so benefits the most of any other region in the UK when the prices of vehicle fuel fall.

Andy Clarke, Asda’s President & CEO said “There are undoubtedly green shoots at a macroeconomic level and our customers are cautiously optimistic which is why they continue to save, particularly at this time of year. With this in mind, we urge the chancellor to continue with a freeze on fuel duty in the Autumn Statement to avoid putting more pressure on family budgets.”

Digital Editorial Team
12428 posts

About author
An article that is attributed to the Causeway Coast Community Team has either involved multiple authors, written by a contributor or the main body of content is from a press release. Got a news-related tip you’d like to see covered on Causeway Coast Community? Email us - [email protected]
Related posts

12 arrests and three vehicles seized following Joint Agency Task Force Operation

1 Mins read
Officers from the Police Service of Northern Ireland were part of a cross border Joint Agency Task Force operation that took place…

Woman 'confirms involvement' in hoax bomb alert at Armoy

1 Mins read
A WOMAN with a Stranraer address has “confirmed” involvement in a hoax bomb alert in Armoy in 2019, Coleraine Magistrates Court, sitting…
BusinessLocal NewsNews

Dodds announces new support scheme for large tourism and hospitality businesses

2 Mins read
Economy Minister Diane Dodds today unveiled details of a new £26.1m support scheme for larger hospitality and tourism businesses that have been…

Leave a Reply

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