'Highway robbery'

Petrol is taxed so high that it has become 'highway robbery' so say the Institute of Advanced Motorists.

A report by the IAM claims that 62 percent of the price of petrol is made up of tax, with only 38 pence in every pound actually going towards the cost of the fuel itself.

IAM director of policy and research Neil Greig said: 'Using so little of the taxes motorists pay on road upkeep is plainly unfair. Motorists are also paying the price as Britain's potholed and increasingly dangerous roads take their toll, damaging tyres, wheels, steering and suspension.

'Cuts are clearly going to have an impact on transport investment, but as more roads become more potholed and dangerous, spending on infrastructure now will save money in the long-term.'

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