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Cycling could be an even more attractive alternative

Rocketing fuel prices could see more and more motorists getting on their bikes. After earlier this week reporting that nearly all motorists who cycle cite exercise, fun, and money-saving benefits as top reasons for switching to pedal power, the price of petrol could soon be the biggest factor to getting more people on two wheels.

As petrol prices spike at a six month high of 104.7p per litre, Brits face the prospect of another 2p per litre rise in fuel duty from this Tuesday. New analysis from independent price comparison and switching service uSwitch.com reveals that consumers will be forced to shell out an extra £29 per year as a result of the impending price hike - equating to an additional £1.16 for every tank of petrol they buy.

In total, this will cost UK drivers more than £36 million in the next month alone.

And if this isn’t bad enough consumers could be subject to a 5p a litre rise in total. Further knocks to drivers include government plans to end the temporary cut in VAT on January 1, 2010 - just months after the fuel duty increase comes into force. In just six months petrol prices have already increased from 90.6p to today’s average of 104.7p – a rise of 15.6 per cent.

Mark Monteiro, insurance expert at uSwitch.com said: "As Chancellor Alistair Darling comes under increasing pressure to scrap next week's fuel duty increase, the outlook for drivers remains bleak. With petrol prices rocketing 15.6% in just six months adding recessionary insult to injury, it is unsurprising that consumers are finding themselves financially squeezed. It was bad enough last year when petrol prices spiked at an all time high, but in the current climate, drivers are by no means in any position to absorb these spiralling costs.”

And while uSwitch.com offer a number of tips to save on fuel when travelling by car, the most obvious way to decrease the amount of petrol you burn is to leave the car at home - probably the best way to decrease the amount of petrol you burn, is to leave the car at home and cycle.

A quarter of all car journeys in Britain are less than two miles long, and cycling is a cheap, clean and healthy alternative.

 

6 comments

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DaveP [412 posts] 7 years ago
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Costing drivers an additional £36million... I'll bet the Govt are rubbing their hands in glee at the prospect of their 80% cut.  14

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Tony Farrelly [2869 posts] 7 years ago
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In one way of course this is good news for cycling, but what is particularly galling about it is that there is no reason for the oil price to go up except that the same city fat cats (no offence DaveP) that got us all in to the current economic mess in the first place have bid the price up - in the process endangering the recovery of the real economy… and we've probably given them the money to do it.  14

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G-bitch [322 posts] 7 years ago
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Have to post an antidote to the angry smilies  4

Cost of motoring has been falling in real terms for decades (real terms = adjusted for inflation taking account of purchase price and running costs), hence high levels of car ownership. Increasing the cost of private motoring has shedloads of benefits and few disadvantages... the difficulty is with industry/business and rural users and redressing the balance so that they aren't heavily penalised in the process.

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cat1commuter [1421 posts] 7 years ago
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Rah! Rah! Rah!
Go fuel price increase!
Go fuel price increase!

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Tony Farrelly [2869 posts] 7 years ago
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I'm not to bothered about a rise in the cost of driving, motorists are massively subsidised as it is, but an increase in the oil price affects everyone and pretty much every thing it takes money out of the real economy and in this case it's not even as if there's any real reason for the price to rise apart from 'market sentiment'.

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Gilbo Rides Again [8 posts] 7 years ago
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Well said Tony. Pretty much most bits of our bikes have been manufactured with oil based products somewhere along the line.