UK petrol at record high, Europe may follow

Newswire

* UK petrol hits record high in April * Weak pound, high fuel tax push up petrol, Brent below peak * Euro fall to keep gasoline pump prices high By Chris Baldwin and Joe Brock LONDON, April 29 (Reuters) - Tax hikes and a weaker pound have driven UK petrol prices to record highs this week and a weaker euro could fuel rises across continental Europe, even though crude oil is 40 percent below its 2008 peak. The UK's Automobile Association (AA) said high prices were threatening fragile ...

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