UK Money News
28th May 2008
Brown turns up the heat on oil industry
Oil industry leaders, Gordon Brown and Alistair Darling today convened for a meeting to address the problem of soaring fuel prices and attempt to ease the burden of higher heating costs.
Since the start of the year, the price of a barrel of oil has risen to $135 per barrel amid surging demand from developing economies.
The knock-on effect has been a rise in the gas and electricity tariffs, with providers imposing across the board rises of 15 per cent.
Today's meeting is expected to have focussed on what measures can be taken to control prices for oil and thereby those of energy.
Mr Brown acknowledged the impact soaring costs of fuel were having on consumers in an article published today.
He wrote: "I know that families up and down the country are feeling the impact in the cost of filling up at the petrol station and in the rise in gas and electricity bills.
"The cause of rising prices is clear: growing demand and too little supply to meet it both now and - perhaps of even greater significance - in the future."
back to May's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.
