
A 5p-per-litre cut in fuel duty would fail to reverse even half of the increase in prices inflicted on motorists over the past fortnight, according to new figures.
Statistics published by the Department for Business, Energy and Industrial Strategy (BEIS) show the average price of a litre of petrol increased by 12.4p from 153.0p on March 7 to a record 165.4p on Monday.