‘We expect a huge hit’: UK companies struggle as fuel costs soar

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Transport firms urge government to act as rising petrol and diesel prices threaten profitability

Safeguard Coaches says rising petrol and diesel prices have put it back in the same position it was before the bus recovery grant.Safeguard Coaches says rising petrol and diesel prices have put it back in the same position it was before the bus recovery grant.UK businesses reliant on fuel are braced for plummeting profits, as prices at the pump hit yet another record this week, with the cost of petrol topping £1.60 a litre for the first time.

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