AA hits out at planned petrol price rises

The AA have attacked the fuel industry over plans to increase petrol prices by up to 4 pence a litre, due to increases in wholesale prices.

The AA said the industry failed to pass on a 2p fall in diesel wholesale costs in November and December last year. Edmund King, the AA's president said:

Another new year, another new round of pump price rises after the industry failed to pass on fully wholesale price savings.

The insight we are now getting on wholesale price movements rams home the need for this information to be out in the public domain immediately.

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Petrol prices set to rise

Petrol prices are expected to rise by 4 pence a litre in the next few days as retailers pass on increased wholesale costs to motorists, according to reports.