London Daily

Focus on the big picture.
Saturday, Feb 22, 2025

Petrol prices: Average cost of filling a family car hits £100 for first time

Petrol prices: Average cost of filling a family car hits £100 for first time

The RAC has described the milestone - based on the cost of filling a 55-litre tank - as a "truly dark day for drivers". Along with the AA, it urged the government to step in, dismissing as "paltry" one measure taken by Chancellor Rishi Sunak three months ago.

The average cost of filling a typical family car with petrol has surpassed £100 for the first time, the RAC has said.

The situation is likely to worsen the cost of living crisis for motorists and for customers, as businesses will at some point look to pass on their rising costs.

Simon Williams, the RAC's fuel spokesperson, said: "It's a truly dark day today for drivers, with petrol now crossing the thoroughly depressing threshold of £100 a tank (£100.27p). A complete diesel fill-up now costs £103.43.

"With average prices so high - 182.31p for a litre of unleaded and 188.05p for diesel - there's almost certainly going to be upward inflationary pressure, which is bad news for everybody."


In an effort to shield drivers from rising costs, Chancellor Rishi Sunak cut fuel duty by 5p three months ago, but the RAC said the measure now looks "paltry".

It said wholesale petrol costs had risen by five times that amount since then.

Mr Williams urged the government to cut the duty further or to temporarily reduce VAT.

He said the government is taking about 30p in VAT from every litre, up from 25p before the Russian invasion of Ukraine, as well as 53p in fuel duty from every litre.

The AA echoed his calls, urging the government to cut fuel duty by 10p a litre immediately and to introduce a fuel price stabiliser, which would reduce fuel duty when prices increase and increase it when prices fall.


Edmund King, its president, said: "Enough is enough. The government must act urgently to reduce the record fuel prices which are crippling the lives of those on lower incomes, rural areas and businesses."

He added: "A fuel price stabiliser is a fair means for the Treasury to help regulate the pump price but alongside this they need to bring in more fuel price transparency to stop the daily rip-offs at the pumps.

"The £100 tank is not sustainable with the general cost of living crisis so the underlying issues need to be addressed urgently."

Prices at the pumps have risen sharply in recent months, driven by the spiralling cost of oil.

The price of crude oil plummeted during the early days of the pandemic as stay-at-home orders in many countries hit demand.

After major economies reopened, prices gradually rose until February when Russia, one of the major oil producers, invaded Ukraine, forcing Brent crude prices to hit about $130 a barrel.

The concerns about oil supply have coincided with China's massive manufacturing sector returning to business after the easing of pandemic restrictions there - which will increase demand.

Newsletter

Related Articles

0:00
0:00
Close
UK Prison Officer Sentenced for Inappropriate Conduct with Inmate
Good News: Senate Confirms Kash Patel as FBI Director
Officials from the U.S. and Hungary Engage in Talks on Economic Collaboration and Sanctions Strategy
James Bond Franchise Transitions to Amazon MGM Studios
Technology Giants Ramp Up Lobbying Initiatives Against Strict EU Regulations
Alibaba Exceeds Quarterly Projections Fueled by Growth in Cloud and AI
Tequila Sector Faces Surplus Crisis as Agave Prices Dive Sharply
Residents of Flintshire Mobile Home Park Grapple with Maintenance Issues and Uncertain Future
Ronan Keating Criticizes Irish Justice System Following Fatal Crash Involving His Brother
Gordon Ramsay's Lucky Cat Restaurant Faces Unprecedented Theft
Israeli Family Mourns Loss of Peace Advocate Oded Lifschitz as Body Returned from Gaza
Former UK Defense Chief Calls for Enhanced European Support for Ukraine
Pope Francis Admitted to Hospital in Rome Amid Rising Succession Speculation
Senate Republican Leader Mitch McConnell, at the age of 83, Declares His Retirement.
Whistleblower Reveals Whitehall’s Focus on Kabul Animal Airlift Amid Crisis
Politicians Who Deliberately Lie Could Face Removal from Office in Wales
Scottish Labour Faces Challenges Ahead of 2026 Holyrood Elections
Leftwing Activists Less Likely to Work with Political Rivals, Study Finds
Boris Johnson to Host 'An Evening with Boris Johnson' at Edinburgh's Usher Hall
Planned Change in British Citizenship Rules Faces First Legal Challenge
Northumberland Postal Worker Sentenced for Sexual Assaults During Deliveries
British Journalist Missing in Brazil for 11 Days
Tesco Fixes Website Glitch That Disrupted Online Grocery Orders
Amnesty International Critiques UK's Predictive Policing Practices
Burglar Jailed After Falling into Home-Made Trap in Blyth
Sellafield Nuclear Site Exits Special Measures for Physical Security Amid Ongoing Cybersecurity Concerns
Avian Influenza Impact on Seals in Norfolk: Four Deaths Confirmed
First Arrest Under Scotland's Abortion Clinic Buffer Zone Law Amidst International Controversy
Meghan Markle Rebrands Lifestyle Venture as 'As Ever' Ahead of Netflix Series Launch
Inter-Island Ferry Services Between Guernsey and Jersey Set to Expand
Significant Proportion of Cancer Patients in England and Wales Not Receiving Recommended Treatments
Final Consultation Launched for Vyrnwy Frankton Power Line Project
Drug Misuse Deaths in Scotland Rise by 12% in 2023
Failed £100 Million Cocaine Smuggling Operation in the Scottish Highlands
Central Cee Equals MOBO Awards Record; Bashy and Ayra Starr Among Top Honorees
EastEnders: Four Decades of Challenging Social Norms
Jonathan Bailey Channels 'Succession' in Bold Richard II Performance
Northern Ireland's First Astronaut Engages in Rigorous Spacewalk Training
Former Postman Sentenced for Series of Sexual Offences in Northumberland
Record Surge in Anti-Muslim Hate Crimes Across the UK in 2024
Omagh Bombing Inquiry Concludes Commemorative Hearings with Survivor Testimonies
UK Government Introduces 'Ronan's Law' to Combat Online Knife Sales to Minors
Metal Detectorists Unearth 15th-Century Coin Hoard in Scottish Borders
Woman Charged in 1978 Death of Five-Year-Old Girl in South London
Expanding Sinkhole in Godstone, Surrey, Forces Evacuations and Road Closures
Bangor University Announces Plans to Cut 200 Jobs Amid £15 Million Savings Target
British Journalist Charlotte Peet Reported Missing in Brazil
UK Inflation Rises to 3% in January Amid Higher Food Prices and School Fees
Starmer Defends Zelensky Amidst Trump's 'Dictator' Allegation
Zelensky Calls on World Leaders to Back Peace Efforts in Light of Strains with Trump
×