Petrol edges near £1 a litre mark - News in brief - Evening Standard
       

Petrol edges near £1 a litre mark

Petrol prices will edge close to the £1 a litre mark when they rise 2p on Monday following a fuel duty increase first announced in the last Budget.

The 2p rise will take the average price of a litre of unleaded petrol to around 97.8p with diesel averaging around 99.77p.

Road users face another rise of 2p a litre next April and a further increase of 1.84p in April 2009 under the Budget announcement earlier this year.

The AA has been one of a number of organisations which have attacked the move, pointing out that prices at the pumps have increased a great deal since September 2006.

The AA said average prices in late September 2006 were 88.07p a litre for petrol and 93.39p for diesel.

The motoring organisation added that from Monday the average UK petrol driver will be paying an extra £4.84 to fill the tank than a year ago.

Petrol Retailers Association director Ray Holloway, who had asked for a deferment of the increase, said the rise will put "undue financial strain on motorists and petrol retailers alike".

He added the number of filling stations was falling and it would "not take much to push more stations out of business".

The Road Haulage Association and the Freight Transport Association had also called on the Treasury to defer the increase.

Both organisations pointed out the 2p rise takes the fuel duty element of the price of a litre of diesel in the UK to 50.35p compared with an average for the rest of Europe of just 22.7p a litre.

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