Fears UK could see 'most expensive petrol ever' by Easter

The falling pound and stock market speculators are driving up the cost of petrol, according to the AA. The price of petrol at the pumps has gone up a further 1p in the last five days.

The AA says that in little more than a month the cost of filling up an average saloon has gone up by more than £4 and it has been predicted that by Easter we could be seeing the most expensive petrol ever.

ITV News Correspondent Emily Morgan reports:

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Stock market 'raising fuel costs'

The falling pound and stock market speculators are driving up the cost of petrol, according to the AA. The price of petrol at the pumps has gone up a further 1p in the last five days. The Chancellor says he has "taken action."