I have to admit that my deeply held belief that petrol prices only ever ratchet up seems to be on slightly shaky ground. I refilled for 131.9p per litre earlier this evening at a local filling station (Sainsbury’s, Heyford Hill). I remember prices the best part of ten pence higher only two or three months ago.

Mind you, at times like these, I love to be wrong. I won’t protest at all if we wind back a few more months of over-inflation.