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'Transport poverty' rising - RAC

THE LEAST WELL-OFF families are slipping further into "transport poverty", according to an RAC Foundation survey. The poorest car-owning households spent at least 31% of their disposable incomes on buying and running a vehicle in 2012, the foundation said, up from 27% the year before. The figures, based on data obtained from the Office for National Statistics, showed that in 2012 the poorest families had a maximum weekly expenditure of £167, of which £51.40 went on a car.

Democrats cut deal on cash-for-guzzlers measure

Democratic lawmakers have proposed a cash-for-guzzlers bill that would provide vouchers of up to $4,500 to people who trade in cars and trucks for new, more fuel-efficient vehicles, Rep. John Dingell said. The measure, if approved by Congress and signed by President Barack Obama, would lead to about 1 million new-vehicle purchases, the Michigan Democrat said in a statement.

Cost of fuel has increased 50% in seven years

THE PRICE of fuel in the UK has increased by over 50% in just over seven years, according to a recent investigation. A study conducted on behalf of Asda Money indicates that the cost of fuel in the UK has risen from around 90p per litre at the start of 2006 to the current average of around £1.38. The Autumn Statement from the Chancellor of the Exchequer cancelled the proposed rise in fuel duty that was due to come into force on the first of January 2013, and which had already been postponed once, but UK motorists are still paying out at the pumps.