Brighton residents are being hit hard in the pocket as the cost of diesel continues rising to record highs.
This rise coincides with the rise in the cost of living, laid out by the chancellor in his budget just last week.
According to industry data noted by prominent motoring companies the AA and RA, on Sunday the average price for a litre of diesel stood a 147.94p, which overtakes the previous record of 147.93p which was set all the way back in April 2012.
Fellow fuel petrol is now sitting at 144.35p, also setting new records set in 2012, surpassing them by almost 2p as the high then was 142.48p.
The issues with this price rise are down to the economic impact of growing economies as the world looks to move on from the Covid crisis and rebuild its status.
This has caused the prices of oil to double with the cost rising from $40 to $80 in only a year.
This is a further blow to the HGV and heavy goods market which ironically had its own recent struggles delivering fuel to the pumps following a panic buying period which left the country scrambling.
There is a worry that further issues could cause more delays should businesses start to struggle with the excess costs and look to cut the amounts of services they offer.
Fortunately, as part of the budget announcement there was no mention of a rise in fuel duty due to the current climate of increasing prices.
Brighton residents will be hard hit, with the poorest now left even worse off and possibly facing unaffordable costs should the current rises continue.
With inflation set to rise, there is now hope that there is a response to the rising costs by holding off on the planned 0.25% rise until a time when the country is better able to handle the current post Covid fluctuations.
Photo Credit: Juan Fernandez
