A motoring expert has said the Government needs to urgently revisit its fuel price and fuel duty policy, as motorists are facing ever-increasing cost pressure at the pumps.
Launching a campaign by FairFuelUK, TV presenter Quentin Willson said rising oil prices have already wiped out the 1p duty cut announced by Chancellor George Osborne in March.
He is calling on the Government to reduce fuel duty to European levels in the medium to long term.
According to Mr Willson, a fully functioning fair fuel stabiliser could help to tackle financial pressure at the pumps.
He said: "Global uncertainty is leading to a price surge in the cost of oil. It seems that everyone's a winner in this rising price bonanza - the oil-rich countries, the speculators, the oil companies, the UK Government - the only people that are losing out are the hard-pressed businesses and motorists who are suffering more now than in the run up to the Budget.
"The Government cannot just stand by and see the rising cost of fuel push us back into recession. If they don't act, I can see the £1.60 litre, the £1.80 litre and, heaven forbid, even the £2.00 litre. Let's remember that the Government continues to take a staggering amount of duty and VAT from fuel. They can, and should, start to cut duty to help people, business and the economy."
The TV presenter added: "The Government needs to revisit the fuel price and fuel duty issue immediately. Doing nothing will invite the twin catastrophes of the economy going into reverse, with all the suffering that entails, together with a distressing outbreak of direct action from people and groups less responsible than ourselves."
A Treasury spokeswoman said: "The Chancellor has been clear that the British Government does not control the world's oil price. But by cutting duty and deferring the planned rise, a litre of fuel is 6p cheaper today than it would have been if we had not taken action. There is no doubt that this is welcome relief for families and businesses across the country."
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