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AA Warn Petrol Prices Set for Record High

Petrol Prices to hit £1.20 a litre, Warns AA

The AA have recently urged motorists to brace themselves for record high petrol prices this year as the cost of unleaded fuel surges to £1.20 a litre or more.

Petrol prices are set to rise in the next few weeks due to recent increases in the wholesale of petrol, pushing prices up at the forecourt.

Both the AA and RAC have shown concern towards those struggling on tight budgets and have urged the Chancellor to postpone the introduction of a planned 3 pence rise in petrol duty, due to come in on 1 April 2010.

The AA’s president, Edmund King, said: “The UK is barely out of recession, yet petrol threatens to rise to record prices seen during the boom of 2008, shortly before the collapse into recession.”

Payplan

If you are struggling to budget the increase in petrol prices why not contact Payplan today for free, confidential advice and help with debt or call 0800 280 2816.

You can also prepare for future petrol price rises by visiting Payplan’s tips for saving money on fuel costs.

Written by on March 16th, 2010

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