£1.21 for litre of petrol is record

THE average price of petrol in the UK has gone up to a record high of 121.61p a litre at a time when the wholesale cost has fallen.

The all-time high was reached when the wholesale price of petrol in north-west Europe went down by 2p a litre.

But this decrease has not been passed on to UK drivers, who have seen petrol prices rise from 109.88p a litre at the beginning of the year. In the same period, the price of a litre of diesel has gone up from 111.52p to 123.03p.

The AA said the rise had added 5.87 to the cost of filling a typical 50-litre tank.