Motorists ‘having to dig deeper’ as wholesale oil prices rise – RAC
Drivers face the need to ‘dig deeper’ as wholesale prices of oil cause the cost of petrol and diesel to surge.
That’s according to the RAC, which has released data to show how petrol prices have reached their highest level since September 2022, increasing by 5p a litre in the last week alone.
The average cost of a litre of unleaded now stands at 167.17p, while diesel has risen by the same amount to 188.63p a litre. It marks the highest that petrol pump prices have been since the start of the conflict between the US and Iran.
Households facing winter energy bills rise as UK gas prices hit four-year high
Experts have warned that households could be facing further pain on energy bills as oil prices surge above 100 dollars a barrel and UK gas prices reach a near four-year high.
Traders in the financial markets were reacting to attacks on Iranian oil tankers and concerns about further disruptions to supply amid ongoing fighting in the Middle East.
US officials said on Tuesday night that multiple tankers had been struck in retaliation to more attempted missile attacks on a Navy warship.
Aston Martin and Brough Superior team up for first road-legal motorbike
Aston Martin and Brough Superior have continued their partnership to create their first road-legal motorcycle.
The new AMB 002 Roadster follows on from track-only AMB 001 and AMB 001 Pro superbikes to broaden the pair’s range while offering riders the chance to take one of their bikes to the road.
Limited to just 300 units, the AMB 002 Roadster offers a ‘lightweight, razor-sharp’ experience inspired by Aston Martin’s cars. The side strake found on the manufacturer’s sports cars, for instance, runs through the bike’s side fairing, while the twin-oval exhausts are similar in design to those on the Vanquish and DBX S.
The markets
Stock prices in London closed sharply lower on Wednesday, as Brent crude surged above 100 dollars a barrel and heightened inflation fears weighed on global equities.
The FTSE 100 index closed down 141.60 points, 1.3%, at 10,670.06. Autotrader Group was among the worst performers on the blue-chip index, down 4.7%.
In European equities on Wednesday, the CAC 40 in Paris closed down 1.9%, while the DAX 40 in Frankfurt ended down 1.7%.
Wednesday on Car Dealer
Wheeler Dealer Mike Brewer names his best bargain used cars for less than £10,000
Mike Brewer has revealed his top used-car picks for buyers with a £10,000 budget. His recommendations include the Ford Fiesta, Toyota Auris, Honda Civic, Hyundai i30, Toyota RAV4 and Skoda Superb, with reliability, practicality and value key considerations.
Record year for Sherwoods as dealer group plots further expansion
Sherwoods Motor Group has posted a record £3.29m pre-tax profit, up 77%, and plans to add another dealership in 2026. Turnover rose 28% to £136.5m, while stronger cash reserves and record fleet and service performance boosted confidence.
EVs dominate biggest used-car price fallers as A6 e-tron values plummet
Used car prices dipped slightly in August, but Autotrader says the market retained strong momentum. EVs dominated the biggest fallers, led by the Audi A6 e-tron Avant, down 24.4% year-on-year, while Porsche Boxster values rose 20.2% to lead price gains.
Cargurus poll finds VW Golf is the UK’s most-loved used car of the last 10 years
The Volkswagen Golf has been named the UK’s favourite used car of the past decade by CarGurus. A survey of 1,000 drivers found reliability was the biggest priority, while safety and technology have become increasingly important when choosing a used car.
Used car market gains momentum as volumes rise across all segments in August
The UK used car market recorded year-on-year transaction growth across franchised, independent and supermarket retailers for the first time this year. August volumes rose 2.6%, while EV values increased 3.8% and older cars also performed strongly despite slightly lower overall prices.
Passengers affected by air traffic control issue ‘unlikely to get compensation’
Hundreds of thousands of passengers who have been affected by Tuesday’s air traffic control problems are ‘unlikely to be entitled to compensation’, the aviation regulator has said.
Travellers were caught up in the disruption after hundreds of flights were cancelled following a Nats technical issue. Cancellations and delays continued on Wednesday as airlines dealt with knock-on impacts at airports including Heathrow, Gatwick, Manchester and Stansted.
The Civil Aviation Authority (CAA) on Wednesday said passengers are ‘unlikely to be entitled to compensation for delays or cancellations that were directly caused by the incident’.
Reform UK under criminal investigation amid allegations of donation rules breach
Reform UK is under criminal investigation after allegations the party breached donation rules on foreign funding.
Detectives from the Metropolitan Police have launched an inquiry after receiving ‘a number of reports’ following a Channel 4 News broadcast last week, the force said.
Reform UK denies any wrongdoing and will ‘fully co-operate’ with the probe, a spokesman said.
Weather outlook
Northern England and Scotland will be mostly cloudy with a few showers, while Northern Ireland sees similar conditions.
Wales and the Midlands should be cloudy with occasional rain, while southern England has some brighter spells and isolated showers.
Overall, it will be cool and unsettled, with light winds.

