Rising Cost of Fuel and Train Fares Heightens Demand for Virtual Offices

Mary Geisenhoff
Staff Writer

Every time you look in the newspaper or turn on the television, you see more news about rising petrol and diesel prices. Recently, RM Petrol said petrol prices could rise as much as 125.9 per litre!

Without a doubt, a trip to the pump quickly drains your pocket. The rise in price is not expected to end soon. In addition to the instability in the Mideast affecting the price of petrol, the UK government added a fuel duty rise and VAT in January, 2011.

The Retail Motor Industry Independent Petrol Retailers Association (RM Petrol) has indicated a 3% increase in petrol prices by the Bank Holiday weekend.

The earthquake and tsunami in Japan, increased demand from China, oil speculators, and dwindling Mideast reserves are all factors that influence petrol prices. Even if you forego the commute in a car, the price of a train ticket has risen by about 6 percent in the UK in the past year. If this isn’t enough to start thinking about alternate ways to do business, the European Commission wants to ban diesel and petrol cars by 2050. The Commission said that “a profound shift in transport patterns for passengers and freight” will help to break this reliance on oil and cut emissions by 60%.

With such legislation looming on the horizon, business owners and citizens are rethinking their current lifestyle. Many people are now reassessing the daily commute to their offices and are either starting their own businesses, or working within their company in virtual offices.

If working in a virtual office is something that you have considered, you should research options to see if this is the best decision. When considering the shift to a virtual office, you will probably need a virtual address. You may read more on how virtual office rental works, find out about virtual office services available and find out how your business might benefit from having a London addresses.