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Edinburgh Live
Edinburgh Live
World
Kieran Isgin & Katie Williams

Drivers warned as petrol prices could rise following Morrisons takeover

Morrisons CDR Competition and Markets Authority

Drivers are being warned that petrol prices could still rise at Morrisons supermarkets, despite the 5p fuel tax.

This is due to Morrisons being taken over by private equity firm Clayton, Dubilier and Rice (CD&R), with a huge £7 billion deal potentially having a knock-on effect on the price of petrol.

The UK competition regulator has warned that petrol prices could rise across 100 Morrisons forecourts soon due to the merger.

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