Drivers face '£10 billion hike in annual petrol and diesel costs'

dailyrecord.co.uk:

Drivers are facing a £10 billion hike in annual petrol and diesel costs as “soaring” prices put the squeeze on working families across the UK, Labour has warned.

Labour has renewed demands for an “emergency budget” to tackle the cost-of-living crisis, with a cut to energy bills funded by a windfall tax on oil and gas companies.

Figures from the Labour party showed that the cost of a litre of unleaded petrol rose by 37p over the past year, while for diesel the rise was 47p over the same period.

Factoring in the number of cars per household in the UK, along with averages for distance travelled and fuel used, it calculated that drivers face spending an additional £6 billion on petrol and £4.2 billion on diesel this year, compared to the last.