Dropping pound will see fuel prices rise

Dropping pound will see fuel prices rise
 

British drivers will be hit by rising fuel prices following the sharp fall in the value of sterling, a motoring organisation has warned.
The RAC predicted that petrol and diesel pump prices will go up by around three pence per litre in the next fortnight after the "flash crash".
The breakdown rescue firm's fuel spokesman, Simon Williams, said: "The unexpectedly sharp fall in the value of the pound will make the wholesale price of fuel go up.
"Sadly, it's also happened at a time when the oil price appears to be rising again so the combined effect will be bad news for... read more

 
7 October 2016 in World News, Views: 25
Source: Daily Post
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