Zero-growth warning for UK economy as petrol prices surge

OECD singles out cost of living crisis as a cause of Britain’s slide down growth league table

Boris Johnson’s attempt to reset his troubled premiership has received a double blow after petrol prices had their biggest daily rise in 17 years and a leading international thinktank said the UK economy would slow to a standstill next year.

Fears that Britain is heading for a prolonged period of 1970s-style stagflation intensified amid fresh evidence of the damaging impact of the war in Ukraine on the cost of living and growth.

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Climate activists ‘disrupt supplies from three oil terminals in England’

Just Stop Oil says action will affect fuel availability at petrol pumps across south-east and Midlands

Clean energy campaigners claim to have disrupted supplies from three oil terminals in the Midlands and south-east of England, as motorists complain that some petrol stations are running short of fuel.

The government said only one terminal was out of action on Sunday afternoon as a result of the Just Stop Oil protests, and that local police forces were working with the industry to ensure that fuel supplies can be maintained.

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Oil prices climb to fresh highs, UK petrol price hits record – business live

After Tesco’s website and app were down for most of the weekend, leaving many frustrated customers unable to shop online, HSBC’s business banking portal (called HSBCnet) had some issues this morning.

Large corporate customers only had intermittent access via the website or app for about an hour, from 9.10am, but the problem has been fixed, according to HSBC.

This is truly a dark day for drivers, and one which we hoped we wouldn’t see again after the high prices of April 2012. This will hurt many household budgets and no doubt have knock-on implications for the wider economy.

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Leading the charge! Can I make it from Land’s End to John o’Groats in an electric car?

New petrol and diesel cars will be banned in the UK from 2030, and sales of electric vehicles are rising fast. But with drivers reliant on charging points how practical is the greener option? One writer finds out

Range anxiety hits hard on the A9 in the Highlands of Scotland. For the uninitiated, this is the fear that an electric vehicle (EV) won’t reach its destination before running out of power. I’m driving through some of Britain’s loveliest landscape – mountains, rivers, lochs and firths – but I hardly notice. I’m focused hard – on the road in front, but mainly on two numbers on the dashboard. One is how far it is in miles to where I’m going; the other is the range in miles remaining in the battery. Sometimes, especially on downhill stretches when what is known as “regenerative braking” means the battery is getting charged, I tell myself it’s going to be OK, I’ll make it. But going uphill the range plummets. Squeaky bum time.

Plus, I’ve read Michel Faber’s Under the Skin. I know what happens to men stranded on the A9. To range anxiety add the fear of being processed and eaten by aliens.

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