HIGH fuel costs are "killing" haulage firms and could soon be hitting shoppers' pockets.
On January 1, a Government fuel duty increase added another 0.76p on to both petrol and diesel.
Then, on Tuesday, VAT rose from 17.5 per cent to 20 per cent, leading to an estimated hike of 3.5p on the cost of a litre of both petrol
The average price of unleaded petrol now stands at 124.16p a litre
with diesel standing at 128.35p.
This is compared to last January when petrol cost 107.74p and diesel
stood at 109.46p.
Grangemouth-based haulage firms John Mitchell Haulage & Warehousing and Duncan Adams Ltd are more concerned about the rise in fuel duty than the VAT hike and fear business will be affected greatly if costs continue to rise.
"It's killing us," said Iain Mitchell, managing director of John Mitchell Haulage.
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