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Home workers beat rising fuel prices

High fuel prices are persuading more people to work from home. </p><p> Companies are reducing business mileage because of spiralling fuel costs. </p><p>And telling staff to save money

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High fuel prices are persuading more people to work from home.

Companies are reducing business mileage because of spiralling fuel costs.

And telling staff to save money – and work from home.

Those are the findings of the latest Company Car Trends report published by GE Fleet Services. It found that:

  • 96% of businesses say fuel costs are reducing business mileage
  • 95% say home working is also reducing the number of business miles travelled

It isn’t just businesses, either. The International Energy Agency reports “British motorists are clearly driving less” as a result of high fuel prices.

Fuel retailers are reporting a drop in sales. Fuel pump sales are down by as much as 20% compared with last year.

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Crude oil prices have doubled in the past 12 months. The latest average UK pump prices are 116.9p per litre for petrol and 130.3p for diesel, according to the AA.

Richard Green, managing director of GE Capital Solutions, Fleet Services, said: “Petrol and diesel prices are increasing on a weekly basis and there is no let up in sight.

“Employers are struggling to keep on top of these price rises. One of the best solutions is simply to tell their company car drivers to stay at home more often. Not covering the miles to your office saves money.”

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Further information

Businesses encourage employees to work from home to cut fuel bills

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