Commenting on the Minister of State for Energy's admission that the high price of oil is "hitting businesses", Sally Low, Director of Policy at the British Chambers of Commerce, said:

"The price of oil per barrel is now astronomically high with records tumbling on a near daily basis. The Energy Minister, Malcolm Wicks, has admitted that soaring oil prices are "hitting businesses" and yet his Government appears to be doing nothing to limit the damage.

"Mr Wicks must urge the Chancellor to scrap the next 2p hike in fuel duty planned for October. Another unnecessary fuel duty rise will simply add to the misery of vehicle dependant businesses, who are already fighting an upward battle to avoid passing extra costs onto customers."