(new records set – impact is biting)
from the AA
Three quarters of respondents are cutting back on spending and/or driving because of rising fuel prices.
Compared with 2007:
- 31% say they travel less by car
- 16% say they have cut back on other expenditure, and
- 29% say they have done both.
Apart from driving, the main area for saving is on entertainment – mainly trips to cinema and restaurants.
Panelists think that the government is most responsible for fuel price rises, followed by oil companies and oil producing countries.
While 12% blame city traders, only 1% blame individuals owning filling stations.
Over 80% think there should be a body charged with monitoring the market to ensure fair prices.
72% agree that fuel retailers may not pass on all of any reduction in fuel tax that a fuel duty stabiliser may bring.