Commenting on the average price of petrol now reaching a record high of 104.85p a litre, Chris Hannant, Head of Policy at the British Chambers of Commerce, said:

"The soaring price of petrol at the pump is acting as a serious threat to the competitiveness of UK businesses yet the Government is set to compound the problem by introducing a 2p fuel duty rise in April.

"The Treasury has already generated a staggering £2.2 billion in oil revenue since last October's fuel duty rise and must surely now recognise that scrapping the next rise in April is in the best interest of the UK economy."