Financial News

  • 23 April 2012, 11:43

AA: Petrol Prices Exceed Family Food Bills

The price of petrol at the pumps has risen to a new high, exceeding the cost of an average family weekly food shop for the first time.

After a brief halt following weeks of increases, the average cost of petrol has gone up to 142.48p a litre, according to motoring group AA.

It means filling up a family car with a 50 litre tank now costs about £71, slightly more than the estimated £70 that two-children families spend on groceries each week.

Diesel, at 147.88p a litre on average, is just short of the record price which was set last week.

The AA said petrol had risen 10.23p a litre and diesel 7.32p a litre since pump prices began to climb at the start of the year, adding £21.72 to the monthly petrol cost of a two-car family.

The rises come at a time when many households are struggling to keep up with budgets.

Earlier in the week, official figures revealed inflation notched back up in March and the Bank of England warned it was likely to remain above 3% for the rest of the year.

In the past month alone, petrol has gone up 3.98p a litre and diesel 2.43p. A year ago, petrol cost 135.29p a litre and diesel 141.60p.

The most expensive petrol is to be found in Northern Ireland, at 143.9p a litre on average, while the cheapest is in Scotland (142.2p), the AA said.

The dearest diesel is in Northern Ireland (148.2p a litre) while the least expensive is in Yorkshire and Humberside (147.3p).

The latest rise comes after the threat of a fuel strike by tanker drivers, which is ongoing, and panic buying by drivers drove up petrol prices last month.

AA president Edmund King said: "Panic buying in March forced some cash-strapped families to spend far more on fuel than their budgets could bear.

"Filling up a 50-litre tank costs more than some families spend on food each week."

Fresh talks aimed at averting strikes by fuel tanker drivers are to be held next week, raising hopes that industrial action can be averted.

The conciliation service Acas announced that leaders of the Unite union and officials from six distribution companies will meet on Monday.

The Unite union has also been given an extension to next Tuesday before it has to make a decision about taking strike action.

The union has appealed to motorists not to panic buy petrol, pointing out that no strikes have been set.

After the row flared last month, the Government advised motorists to top up their cars with petrol and to store fuel in jerry cans, leading to panic buying and shortages of supplies.

There were chaotic scenes at garages as long queues built up, leading to criticism of the Government for the way they handled the dispute.

:: Meanwhile, many UK households are reporting higher energy bills than last year, despite one of the mildest winters in a decade, consumer groups have said.

Research for Consumer Focus and Citizens Advice found four in 10 people (40%) are facing higher winter bills despite the warmer weather and resulting fall in energy consumption.

what do you think?

20 comments

Windows Live User

10:38am on 20/4/2012

I dont know who says a family with 2 kids spends £70 a week on food. We are two old fogies who live frugally and we spend £80 per week on average. I have checked with others of my group and they spend similar I spend an average of £35 per week of fuel Someone needs to re-check their figures

Score: 6

Name witheld

11:39am on 20/4/2012

This comment has been removed for violations of our Terms and Conditions.

Bluepink000

11:58am on 20/4/2012

Hmm, figures seem pretty accurate. I spend £47 a week on petrol to get to work, and have to budget approx £30 to feed family of 3 :(

Score: 3
3 replies

Windows Live User

5:04am on 22/4/2012

£10 each -- How? M&S adsvert offers a meal for 2 for a tenner or £15 (something like that). Yet you can feed an adult for a week on a tenner

Score: 2

ABritMum

8:20pm on 22/4/2012

Windows Live User Do without. Scrape out the back of the cupboards or make do with what the kids don't want. I have to too but I guess as I'm currently one of the great unwashed right now that is to be expected but not when you're working, Bluepink000 I feel for you...

Bluepink000

9:23am on 23/4/2012

First £15 for a meal for two?! Make it from scratch at a fraction of the price. Loose vegetables are cheap, a carrot works out at about 15p an onion 12p and loose bananas about 13p per banana. If your on a budget you can do it. Got 500g of mince for 10p because it goes out of date that day. And I HAVE to pay the petrol to earn the food money. I wish I could spend £70 a week on groceries

Jim Cassidy

12:46pm on 20/4/2012

Windows live user either does not quite understand the meaning of 'frugally', or lives in a very expensive part of the country. My wife and I are both retired, eat well, enjoy a glass of something a few times a week, and our monthly spend on food and drink is £200 to £220 pounds. As far as fuel is concerned, my heart goes out to families with children where the bread winner has to drive any distance to get to work. I keep hearing about people getting 'Family tax credits', but why does'nt this government recognise the efforts being made by those in work, and introduce "Employed persons fuel credits". Many people are out there struggling on the minimum wage, we should be looking for ways to encourage them.

Score: 7
3 replies

Name witheld

1:02pm on 20/4/2012

This comment has been removed for violations of our Terms and Conditions.

Windows Live User

11:00am on 21/4/2012

Jim I truly wish you would send me your shoppinglist and bill. We live frugally and never go out or drink or smoke. NO Takeaways! The meals we eat are home made up greatly of vegetable with little meat. We do buy fish. Based on a calc over a 4.2 week per month we spend on average £378 on food. We live in the North East and shop wherever we can spot the cheapest foods.

Score: 1

Windows Live User

11:02am on 21/4/2012

Jim, I should add that the sum includes all the cleaning equipment and toilets etc etc - not only food

Score: 1

Adrian Wagstaff

12:49pm on 20/4/2012

Sooner or later, people are going to really lose their patience with everything and everyone. Everything they put up with. All the taxes, all the price rises, all the lies, all the stress at work. Being treated like garbage. Everyone losing all their money for when they retire. Spending it all on caring for relatives. Sooner or later, people will have been pushed far too far. Then society, as we knew it, will have spiralled out of control ... and people ... will ... go ... totally ... berzerk. The politicians will seek refuge from the people they have wronged.

Score: 11

Name witheld

1:03pm on 20/4/2012

This comment has been removed for violations of our Terms and Conditions.

Michael Mcardle

2:38pm on 20/4/2012

hope its sooner than later people of this country realise what mugs they are been taking for.this government are absolutely hopeless they are lurching from one debacle to another without stopping for breath. tax tax tax thats their answer to everything. they are squeezing the public till it hurts without a thought of the harm they are inflicting. truly a heartless bunch of rich spoilt toffs. their time will come.they need to be taught they are only servants of the people and not divine rulers .bring on the revolution before its to late .something along the lines of the french revolution would be nice

Score: 10
2 replies

Windows Live User

10:50am on 21/4/2012

tax tax tax . Tax it if it moves. Tax it if it dies. Tax it if it is a problem. That's our clowns solution to everything If there was a revolution then they would tax the swords and haypitches Time will come when Tax will have a tax on it

Score: 4

william piero chainey

3:58pm on 21/4/2012

Tax has already, VAT

Score: 2

Peter Coates

3:12pm on 20/4/2012

Obviously everyone shops in either tesco or sainsbury. rip off murchants.

Score: 5
1 reply

Windows Live User

10:53am on 21/4/2012

No. Plenty people moving back to the highstreet stores and butchers

Score: 1

Stuart Harley

3:49pm on 20/4/2012

...we have just given the IMF £10 billion... and I shop in LIDL give it a try !!!!!!!!

Score: 1

Jonathan Goodwin-Self

5:09pm on 20/4/2012

So we give 10 million to IMF and 3.8 million to Syria and 12 million on overseas aid. Osbourne wants with Cameron to spend 85 million on a new railway and about 100 billion on wind turbines. The ONS will only increase CPI by 0.1% in May even though all food, petrol, diesel, gas, electricity, clothes, flights on holidays, alchohol, coal, wood, mortgage rates, loan rates, credit card rates, will increase by about 10-20%. Pensions will be the smallest ever and possibly in the world and the state pension is the smallest in the EU and about 90% of all other countries in the entire world.

Score: 7
2 replies

Windows Live User

10:52am on 21/4/2012

Pension is not worth having Worked all these years for nothing Time the pensioners had a greater support from the workers. Dont forget one day you will draw a pension too. Then you will take notice

Score: 4

william piero chainey

3:55pm on 21/4/2012

Holidays Wats that?

Score: 1

Fred Spoons

8:26am on 21/4/2012

How can Diesel be at 147.88p a litre when the picture shows it at 156.9p?

Score: 4
1 reply

robert

6:43pm on 21/4/2012

thats how quick fuel prices are going up fred,blink and it goes up again.

Score: 1

Name witheld

10:49am on 21/4/2012

This comment has been removed for violations of our Terms and Conditions.

shaun barnsley

12:08pm on 22/4/2012

until we has a nation stop complaining and the magority of poor and middle class stick together and back a nationwide fuel protest the situation will get even worse.the government doesnt give a dam unless your rich anyway like them.we pay to make them richer.weather you cant get to work tough or cant get a loaf of bread we need to stop being pathetic and follow it though.the 2000 protest i totally backed it 100percent problem was it wasnt quite long enough the government would have to back down.remember more than70percent of fuel is tax so the government can do something about it.the oil companys are robbing us blind but without tax would be around 60 to 70 pence.this possible tanker strike is the drivers againest the oil companys not fuel .bring on a national fuel protest now or this country will be finished

Score: 2

shirley sutton

2:13pm on 22/4/2012

time the government cut tax on fuel instead of giving the IMF a billion quid - they need to go and fast, they're bleeding the ordinary person in this country dry and playing the great I am when giving away our money

Score: 1

Name witheld

4:44pm on 22/4/2012

This comment has been removed for violations of our Terms and Conditions.

paulnaylor

11:19pm on 22/4/2012

fuel will only continue to rise, in around 5 yrs time all the easy to get oil will be gone from all oil fields....in 10 to 15 yrs time fuel will be unafordable to at least 80% of the population , these are the facts wether you like them or not....if you dont believe me then go look for yourself, plenty info on the web about it , even richard branson has talked about this....peeps stop hiding head in the sand blaming politicians and the like, you cant get blood out of a stone so to speak, when its gone it gone and all that.

Viv hanshall

3:12pm on 23/4/2012

Fuel, as Paulnaylor points out, is only going to get more expensive. It will never become cheaper. We need to find alternative means. This includes redesigning our cities to make them more attractive to pedestrians and cyclist. Something like 80% of car journeys are less than 2 miles. 2 miles can easily be cycled and even walked by a moderately fit person. If suitable infrastructure is designed and maintained then behaviour change can be acheived. But is the political will there?

Name witheld

4:46pm on 23/4/2012

This comment has been removed for violations of our Terms and Conditions.

Mick Daniel

5:13pm on 23/4/2012

People should thank god we don't have a labour government. Under their petorl tax policy, petrol would by 8p higher!!

Mike Drouin

8:48pm on 23/4/2012

its all re.lative

Advertisement