Petrol Costs Reduced To Help With Credit Crunch
Posted on August 3, 2008 - Filed Under Finance | Leave a Comment
Three major UK supermarkets have announced cuts to petrol prices in an effort to help consumers struggling with soaring fuel costs, rising inflation and the credit crunch.
Three of the bigger UK supermarkets have reduced the cost of petrol, as a means of trying to help consumers who may be struggling with increased fuel costs, surging inflation and the credit crunch.
Asda said yesterday that it would cut prices at the pump by as much as three pence per litre. It said the move had been made possible by recent falls in global oil prices. As such, the group expressed its commitment to passing on these savings to consumers. So too, diesel prices will also be lowered as part of the move, which will affect all of the supermarket’s 170 petrol stations across the country.
Read More..>>Is It Getting More Difficult To Get Loans And Credit Cards?
Posted on April 13, 2008 - Filed Under Finance | 2 Comments
Many people are tired of hearing the term ‘credit crunch’, but this is a term that has been banded around since last summer when chaos hit the financial markets, and the effects of the global crunch have been widespread, affecting all areas of the financial markets. However, it is not just businesses and the money markets that have been affected by this situation, but also consumers across the UK.
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