Petrol prices predicted to fall below the £1-a-litre mark

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Motoring organisation the RAC is predicting that petrol prices will fall below £1-a-litre in the New Year.

If fuel prices fall below the £1 barrier in January it will be the first time in nearly six years they have been that low.

In recent months the price of crude oil has plummeted, leading to a gradual fall in prices at the pumps.

Currently, the average price for unleaded at supermarket pumps is £1.14 per litre, with diesel at £1.20 per litre.