Increases in fuel prices have led to some companies fearing bankruptcy, according to comments made in the Guardian.
Hauliers protesting against rising petrol prices in London this week have said their fuel costs have increased significantly this year.
"[Fuel price rises] are costing my company between £500 and £600 more per week since January. We`re only a small family company and we`ve passed some of our costs to our customers, but we can`t do it any more," lorry owner Manny Brookes told the newspaper.
Today it was reported the price of Brent crude oil has hit a record high of $145.75 (£73.30) a barrel.
Oxford business owner Steve Radvand told the Guardian his expectations for the future. "What will really happen is either we`ll all go bankrupt, or we`ll fold up the business before we can go bankrupt. That way, generations of hard work will all go to waste, and what will we do then?" he said.
Yesterday a section of the A40 Westway was closed to allow lorry drivers to protest against the increase in fuel costs.
