SUPERMARKET firm Asda today cut petrol prices by 1p a litre – just in time for the bank holiday weekend.
It means that drivers filling up at its Brackenhall store in Huddersfield and 180 Asda filling station sites UK-wide pay no more than 110.9p for unleaded and 113.9p for diesel.
It is latest price cut the Leeds-based supermarket has made over the past two weeks – meaning prices for unleaded have fallen by 3p a litre.
Earlier this week, the Asda Income Tracker pointed to the price of fuel as being the biggest single pressure on family finances in July, 2010.
It found that there was a 14.3% increase in the cost of fuel in July, 2010, compared to the same time last year.
The retailer last week made a pledge to hold down petrol prices until after the August bank holiday – allowing drivers to fill up with peace of mind for the last big motoring get away of the summer.
Last week, a threatened 4p rise failed to materialise following a fall in wholesale oil prices. But pump prices are set to rise in the longer term – with increases in fuel duty taking effect on October 1 and on January 1 followed by a 2.5% hike in VAT from January 4.
