Commenting on recent rises in the price of fuel, Gordon Balmer, executive director of the Petrol Retailers Association, said: “Despite all fuel retailers passing on the 5p cut in fuel duty after the Spring Statement, wholesale fuel prices have continued to rise. This has resulted in a tightening of margins for petrol retailers, while the Exchequer has benefitted from substantially higher VAT receipts.  For every 10p that the price rises, the Chancellor claims back an extra 2p in VAT.