It’s no secret inflation has been rising rapidly this year. Everything we buy has been getting more expensive for a variety of reasons. It has an effect on all aspects of our personal lives AND our businesses especially when it comes to the rising costs of the 3 main overheads transport companies incur; Vehicles, Fuel and Insurance.
Fuel and energy prices have stopped rising after reaching record highs over the past few months, but the latest figures from BP reveal the oil giant saw profits soar between April and June. The energy company saw profits hit £6.9bn over the last quarter.
Average UK prices
– 191p per litre of petrol
– 199p per litre of diesel
These worrying statistics are pushing many people to consider the EV route. In an attempt to support these decisions, the government is awarding a plug-in van grant to ultra-low and zero-emission vans. £20m of government funding has been launched with the aim of giving drivers better access to electric vehicle charge points.
Find out if you are eligible by visiting the Gov.uk website – Low-emission vehicles eligible for a plug-in grant – gov.uk.
Despite the petrol and the cost of living crisis, it is not all doom and gloom as UK commercial vehicle production grew by more than 40% in the best July since 2016. Hopefully we can all get back to some normality soon within the industry.
In addition, CVD can protect you and the contents of your van with special rates on Goods in Transit and Public Liability (flexible payment options are available – call for details).
Call the number below and quote this 4-digit code ‘0895’ for free legal cover and to get this great offer, please know that you are dealing with specialists.
Call 0333 222 4572 to get a quote now
We are also able to offer a great deal for GAP insurance too, just ask at the end of the call and remember to quote ‘0895’ to receive your special rate.