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LSE:MRW.L 2 February 2026

UK petrol prices sink to 131.9p a litre — but the savings may not last

UK petrol prices sink to 131.9p a litre — but the savings may not last

UK petrol prices have slipped to their lowest point since July 2021, the RAC reported, with drivers now paying an average of 131.91 pence per litre. That’s down from 137.17p at the start of December, following a drop of over 3p in January. Diesel prices average 140.97p. The move offers motorists relief early in the year, particularly commuters and small businesses that struggle to reduce mileage. Fuel costs also push up delivery charges and fares, hitting everyday expenses fast.

Stock Market Today

  • Palantir (PLTR) up 2.4% on Nvidia AI Deal, Valuation Stays High
    June 29, 2026, 5:52 PM EDT. Palantir Technologies (NASDAQ:PLTR) rose 2.4% to $115.70 after it unveiled an AI partnership with Nvidia (NASDAQ:NVDA) aimed at U.S. government and critical infrastructure. The joint AI solution will run in secure settings. About $5.1 billion worth of shares changed hands, adding nearly $7 billion to Palantir's market cap. Valuation remains steep, with shares trading at 38.9 times the 2026 revenue midpoint of $7.656 billion, leaving not much room on the downside. Palantir's U.S. revenue doubled in Q1, reaching $1.28 billion. Even with stronger growth from government deals and more AI projects, some investors are wary about how expensive the stock is.
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