Thursday, March 28

RAC says drivers collectively paid £156 million more than they should have for petrol in December – here’s how you can cut fuel costs


RAC: ‘December was a rotten month for drivers’

The RAC says that the price of a litre of unleaded on the wholesale market, including delivery, averaged 106p across the month of December. It said that had a 6p margin been taken, as has been usual, then drivers would have seen an average petrol pump price of around 135p after applying VAT at 20%.

RAC spokesman Simon Williams said: “December was a rotten month for drivers as they were taken advantage of by retailers who rewrote their pump price strategy, costing motorists millions of pounds as a result.

“Their resistance to cutting prices and to only pass on a fraction of the savings they were making from lower wholesale costs is nothing short of scandalous.”





www.moneysavingexpert.com