Cost of filling petrol car hits £100 in ‘truly dark day’ for drivers; ECB plans July rate rise – business live

UK fuel prices keep climbing and European Central Bank signals end of ultra-loose monetary policy

Petrol prices are likely to keep rising, and could hit an average £2 per litre, warns the Petrol Retailers Association.

PRA director Gordon Balmer told Sky News that prices were ‘peppering the £2 per litre mark’ at the moment.

Our members don’t want to sell at these prices, but they can’t sell at a loss.

Many of our members know their customers personally, they come in on a regular basis, and they know the pressures that this puts on household budgets.

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Source: theguardian
Cost of filling petrol car hits £100 in ‘truly dark day’ for drivers; ECB plans July rate rise – business live