Petrol price rises will add £120/year to fuel costs

Published:  01 September, 2009

UK: The Government is going ahead with its planned 2p/litre rise in fuel duty today (1 September) in spite of pressure from motorists' groups.

High oil prices will combine with this to hike the cost of a litre of petrol up by 5p. This will add around £120 a year on fuel costs for the average two-car family.

Prices at the pumps were around 85p/litre at the start of 2009. They have now climbed to around 105p and, it is feared, could hit 11p in a matter of weeks.

The rise in petrol duty will be the third in nine months.

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