Drivers have been slugged an extra 6p per litre at the pumps thanks to some supermarkets raking in millions. A new report from the Competitions and Markets Authority (CMA) reveals motorists overpaid by a staggering £900 million in just one year.
Government Cracks Down on Rip-Off Fuel Pricing
Now, the government is stepping in with tough new rules forcing retailers to publicly display their fuel prices in real time. The move aims to boost transparency and spark competition — hoping to slash prices and ease the burden on drivers struggling with the cost of living.
Fuel Price Info to Be Made Public
Under the new system, shops must provide up-to-date fuel prices that third parties can access. This will pave the way for price comparison apps and websites, giving drivers the power to hunt down the cheapest fuel wherever they go.
Ministers Slam Supermarkets for Exploiting Motorists
Energy Security Secretary Grant Shapps slammed some retailers for treating drivers like “cash cows.” He said they jack up prices when fuel costs soar but don’t pass on savings when prices drop. “We must hold these firms accountable and drive prices down to ease pressure on hard-working families,” he said.
Chancellor Jeremy Hunt backed the crackdown, calling on the government to act swiftly. “Consumers must be treated fairly. This is about empowering drivers to get the best deals,” Hunt stated.
Supermarkets Slammed as Fuel Market Dominance Slips
The CMA report highlighted a worrying drop in competition, especially for diesel. Supermarkets were named the biggest culprits. It also pointed out a glaring lack of reliable, comprehensive fuel price info for drivers.
With the government’s crackdown, fuel shopping could get a lot fairer — and cheaper — for millions of Brits.
