UK: Firms ‘pushed to edge’ as oil prices double

Companies are being pushed to the “absolute edge,” a business leader warned last night, as oil prices rocketed to more that double their cost 12 months ago.

Chris Hannant, head of policy at the British Chambers of Commerce, called for urgent action after crude reached its latest record of $135.09 a barrel, threatening to add
Motoring organisations said the latest oil hike would hit the forecourts “within four to six weeks”, sending unleaded petrol up by about 2