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The Latest Breaking News from CMA

Asda bosses enjoy flash cars and private jets as drivers suffer at the pumps

A neighbour in Blackburn – where the Asda owners live at mansions in a gated complex – told how they spotted Zuber Issa in a black Rolls Royce and Mohsin at the wheel of a top-of-the-range Land Rover

Daily Mirror

Bank governor accuses UK retailers of overcharging on petrol and other goods

Unnecessarily high fuel prices will have to be tackled to help reduce inflation, suggests Andrew Bailey

The Guardian - UK

Bank boss Bailey slams petrol companies for overcharging motorists

The Bank of England governor said petrol retailers have been ‘charging too much’

The Independent UK

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Leicester fined up to £880,000 over price fixing with JD Sports

The Competition and Markets Authority (CMA) has said Leicester and JD Sports have admitted to anti-competitive behaviour.

The Independent UK

Mapped: Most expensive and cheapest petrol stations in UK revealed

Comparison website finds 45p difference between priciest and cheapest petrol pumps

The Independent UK

Leicester fined £880,000 for restricting online kit sales with JD Sports

Competition and Markets Authority says Leicester City and JD admitted they broke competition law

The Guardian - UK

Leicester City fined almost £900,000 after price fixing probe with JD Sports

JD Sports has escaped a fine by the CMA

Birmingham Post

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Another regulator unconditionally approves Microsoft's Activision merger with Xbox

The FTC in the US and the CMA in the UK may still have their gripes about the Activision acquisition by Xbox, but South Africa's Competition Tribunal has approved the deal unconditionally.

Windows Central

Manchester United bidder Sir Jim Ratcliffe brands UK competition watchdog 'aggressive and hostile'

Sir Jim Ratcliffe is worth almost £30bn

Birmingham Post

'Pumpwatch' scheme will help drivers save up to £4.50 per tank of fuel after years of overpayment

The new scheme would allow drivers to compare up-to-date petrol prices online, via a website or app - allowing them to find the cheapest fuel in their area

Chronicle Live

Sainsbury's bosses believe they are starting to see the decline of massive price hikes

The UK's second-largest chain has issued an important update about the price of your weekly shop

Manchester Evening News

New 'Pumpwatch' scheme set to help drivers save up to £4.50 per tank of fuel

The Pumpwatch scheme would allow drivers to compare up-to-date petrol prices online - either through a website or app - so they can find the cheapest option in their area

Daily Mirror

Supermarket fuel price hikes saw drivers pay 'nearly £1 billion more' at the pump last year

The watchdog has recommended a new 'fuel finder scheme' giving motorists instant access to real-time petrol prices to help them find the cheapest forecourts

Chronicle Live

Google Maps could show you live petrol prices after latest fuel ruling

The competition watchdog wants to force retailers to hand over price data for use in satnavs and map apps

Evening Standard

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TechRadar

Adobe Figma deal thrown into jeopardy following CMA probe

Adobe has 5 days to respond to CMA as competition concerns grow over $20 billion Figma merger.

The Independent UK

Motorists forced to pay 6p a litre too much as supermarkets accused of using customers as ‘cash cows’

Government to force retailers to produce live pricing data after damning investigation into ‘rip off’ at the pumps

Evening Standard

Petrol expected to drop below £1.40 per litre this month after CMA cracks down on overcharging

A litre of diesel is expected to fall to about £1.49

Wales Online

Government pledges to highlight rip off fuel sellers with live price information

The move comes after growing anger at what has been described as ‘profiteering’ by major sellers

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Daily Mirror

Fuel retailers to be forced to provide price data to stop drivers being ripped off

It comes as the Competition and Markets Authority (CMA) watchdog found drivers paid an extra 6p per litre for fuel last year amid increased supermarket profit margins

The Independent UK

Drivers ‘paying 6p a litre more on petrol because supermarkets hiked margins’

Watchdog says average supermarket margins rose by 6p per litre between 2019 and 2022

The Guardian - UK

Fuel retailers to be made to publish live prices after using UK motorists as ‘cash cows’

Drivers paying more for petrol and diesel than before Covid because of weakened competition, says CMA

Wales Online

Watchdog explains real reason supermarket fuel was so expensive last year

The Competition and Markets Authority has called for new legislation to protect drivers

Chronicle Live

Driving laws and other changes for motorists coming in July - including Newcastle Clean Air Zone

Here is a list of changes drivers should expect this month, including information on the heavy goods vehicle levy and the impact of energy prices

Wales Online

Expert reveals true extent of supermarket profit increase on diesel fuel

The profit margin on diesel at the pump has soared an incredible 166 per cent

The Guardian - UK

Rip-off Britain: why everything we buy now costs a fortune

As the cost of living crisis bites, consumers are asking how so many businesses have maintained or raised their profits

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