Soaring Petrol Prices and Construction Costs Impact UK
The UK economy is experiencing significant cost increases, with soaring petrol prices boosting the electric car market and construction firms facing their sharpest rise in costs in nearly 30 years.
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UK construction firms face sharpest rise in costs in nearly 30 years
Iran war is driving up prices for fuel and raw materials, says survey Business live – latest updates Construction companies in the UK are experiencing some of the sharpest cost rises in nearly 30 years as the war in Iran drives up prices for fuel and raw materials, according to a closely watched survey. The poll of UK construction companies found that input cost inflation – which accounts for expenses such as raw materials, energy and labour – rose last month to the highest level since Jun...
By Tom Knowles
Read full article →Boost for electric car market as petrol costs soar due to Iran war
The fuel savings for switching to an electric vehicle hit a new high – £960 a year
By Simon English
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