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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden and agencies

Petrol prices: Kwasi Kwarteng orders inquiry into cost of filling up

Prices at a petrol station on the M6 in Cumbria, UK, last week.
Prices at a petrol station on the M6 in Cumbria, UK, last week. Photograph: Joel Goodman/The Guardian

The business secretary, Kwasi Kwarteng, has asked the UK’s competition watchdog to urgently review petrol station operators, amid concerns that retailers have not passed on the recent cut to fuel duty.

In a letter to the Competition and Markets Authority (CMA), Kwarteng wrote that people were “rightly frustrated” that the 5p-a-litre reduction had not stopped prices from soaring to record levels at forecourts.

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