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Liverpool Echo
Liverpool Echo
Business
Gemma Jones

Tesco and Asda slash the prices of diesel and petrol after criticism for high costs

Tesco and Asda have slashed their petrol and diesel costs for customers after coming under fire for high costs.

The "big four" supermarkets, Asda, Tesco, Morrisons and Sainsbury's, have been hit with criticism in recent weeks as some critics said they were not passing lower costs on to customers. They all failed to reduce their costs in line with falling wholesale prices since the record highs of early July.

However, on Friday last week, Asda took the first step to helping cut costs for customers. The retail giant announced that it had cut the cost of unleaded by 5p per litre and diesel by 3p per litre. It brought the cost of its petrol down to 174p a litre and diesel to 185p.

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