Drivers could have received a further 10p cut in petrol prices after a drop in the wholesale cost of fuel but were denied due to major retailers hiking profit margins, new analysis shows.
Many Brits are battling a cost of living crisis where they are struggling to make ends meet due to inflation causing everyday goods to rise in price while energy bills have gone through the roof.
And fresh data reveals that they have also been prevented a saving in fuel costs due to retailers increasing their profits by "10p more than normal" a litre.
