"Fuel use increases significantly at higher speeds, so even a relatively small reduction can result in noticeable savings," he stated. He added that lowering motorway speeds could improve fuel efficiency by around 10%, depending on the vehicle.
The country is at risk of 'stagflation' - where slow economic growth is combined with rising inflation - as the energy crunch brought about by the war in the Middle East hits.
The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.
Britain's tax wedge, which estimates total taxes on labour paid by employees and employers, minus cash benefits received by working households, increased by 2.45 percentage points last year, the most in the OECD.
Octopus Energy reported that its heat pump orders more than doubled in March compared to February, while sales of solar power systems increased by almost 80%. This trend reflects a growing consumer shift towards renewable energy solutions.
Intercity bus transport in Europe is characterized by a fragmented operator landscape, including a high number of small and medium-sized companies, alongside less standardized operational patterns and frequent dual-use vehicle profiles.
The era of fossil fuel security is over, and the era of clean energy security must come of age. This is the clear lesson as we face the second global energy shock in less than five years.
The International Energy Agency (IEA) says it is the 'largest supply disruption in history'. With the disruption expected to have a lasting impact on prices, governments around the world have introduced measures to limit the impact on consumers and the economy.
The British Industrial Competitiveness Scheme (BICS) will be widened by 40 per cent, bringing an additional 3,000 firms under its umbrella. The scheme will exempt qualifying businesses from the indirect costs of three legacy green levies: the Renewables Obligation, Feed-in Tariffs and the Capacity Market.
