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UK motorists are confronting diesel prices potentially reaching £2 a litre, as the conflict in Iran pushes European wholesale diesel futures to the equivalent of $211 a barrel, nearly double the price of crude oil.
The UK's Financial Conduct Authority (FCA) has provided comprehensive details on its compensation scheme for millions of drivers affected by the car finance scandal, outlining that payouts will begin this year, with the vast majority settled by the end of 2027, and victims expected to receive an average of £830.
Energy company E.On reports a surge in solar panel sales as Britons seek energy independence, while UK motorists rushed to buy fuel following the Iran war outbreak. Additionally, Tories are urging the removal of VAT from energy bills for three years to address rising costs.