Honours even in “Osborne versus the oil giants” as pump prices fall by less than 1p
The official weekly fuel prices figures came out today and showed that the price of petrol and diesel fell for the first time in six months. This will provide some relief to those hard-pressed, oil-reliant firms within the construction industry. But the figures show that while the fuel duty was cut by 1p lease petrol prices dropped just 0.67p and diesel by just 0.5p. This will probably provide enough for George Osborne to claim a victory in reducing prices against…