UK diesel prices hit record high at 119.18p a litre; housebuilder stocks surge on new homes scheme - business live

Rolling coverage of the latest economic and financial newsDiesel is now selling at its highest price ever: forecourts are charing 199.18p per litre on average in the UK, according to the RAC, surpassing the previous record set in June 2022 after Russias invasion of Uktraine.Simon Williams, head of policy at the RAC, said the cost of filling up an average family car is now almost £110, which marks a £31 increase compared with at the start of the US-Iran conflict.The diesel price has entered new...