Supermarkets are set to be told to slash their prices at the pumps, after it was found that drivers are being ripped off in terms of petrol and diesel. The competition watchdog will next week publish a report, exposing how forecourts across the UK have increased their profit margins on fuel across the board, over the last four years.
Pump prices set by supermarkets are on average 5p per litre higher than they would have been, should 2019 levels remained in terms of margins, with the Competition and Markets Authority announcing a review of fuel pricing which will be published Monday.
It comes after meetings with Chancellor Jeremy Hunt, yesterday (June 28).
