Petrol prices fall to below £1 a litre
PETROL prices have fallen to below £1 per litre nationally for the first time in four years.
Supermarket giant Morrisons pegged its fuel to a maximum of 99.7p per litre across the country yesterday – in a move expected to be followed by rivals.
It also reduced its diesel price to no more than 104.7p per litre. Morrisons’ head of fuel Ashley Myers said: “This cut will help people who are travelling to work, those shopping for essentials, and those assisting the elderly and vulnerable.”
The lowered price means filling a 55-litre family car will be nearly £7 cheaper than seven weeks ago. Just this weekend, average pump prices were 108.48p for a litre of petrol.
But the AA expressed fears that price reductions would hinder the fight against Covid-19.
Spokesman Luke Bosdet said: “Slashing pump prices during lockdown might encourage people to make non-essential trips.”
Morrisons in Liverpool