All Fuel Prices articles
-
News
Operators hit back at RAC assertion that the Chancellor “has no option” but to remove 5p duty cut
Petrol retailers are exasperated by the RAC’s latest assertion that the Chancellor has no option but to get rid of the 5p per litre fuel duty cut because many are failing to pass it on to motorists.
-
News
FairFuel UK warns of 10ppl rise in fuel duty
FairFuel UK expects Labour’s first Budget to hit the motorist hard – with fuel duty increasing by 10ppl.
-
News
Petrol retailers could face substantial fines for not complying with watchdog’s fuel price scheme
The Government is consulting on imposing financial penalties of up to 5% of daily turnover on forecourt retailers that fail to comply with new measures designed to increase fuel price transparency.
-
News
CMA calls for enhanced interim voluntary scheme on fuel pricing
The CMA (Competition and Markets Authority) is calling on the government to introduce an ‘enhanced interim voluntary scheme’ for its PumpWatch fuel price transparency plan while it waits for legislation to come into force.
-
News
PRA lays down its wish list to new government
The Petrol Retailers Association is urging the new government to keep fuel duty low and come up with a “clear plan” to achieve net zero targets. It also calling for the issue of illegal car washes to be “addressed urgently” with the implementation of a national licensing scheme.
-
News
Fuel monitor bill rushed through Parliament ahead of General Election
The Digital Markets, Competition and Consumers Bill, which includes more powers to monitor the road fuel market, has been rushed through Parliament and passed ahead of the upcoming General Election on July 4.
-
News
PRA hits back at RAC criticism of fuel margins
The PRA has hit back at criticism from the RAC about fuel margins by saying that petrol retailers are wrestling with skyrocketing increases to their costs and are offering motorists the best deals they can.
-
News
MyAutomate to continue PriceViewer service as Experian Catalist hands over to Allstar
MyAutomate, the owners of PetrolPrices, has signed an agreement with Allstar to continue the PriceViewer service for retailers to compare petrol and diesel prices in the UK.
-
News
CMA report omits rising costs, says PRA
The PRA has hit back at the CMA for not including rising costs in its latest monitoring report on road fuel, which was released last week.
-
News
Fuel margins are still high, says CMA
The CMA’s latest monitoring report on road fuel has found that prices at the pump have risen since late January, accompanied by above average margins and spreads.
-
News
Fuels Industry UK: Proposed ‘fuel finder scheme’ should keep retailer red tape and costs to a minimum
The Government’s proposed ‘fuel finder scheme’ should seek to keep fuel retailer red tape and costs to a minimum, says Fuels Industry UK.
-
News
Government seeks tech company help for PumpWatch scheme
Minister for Energy Affordability and Skills, Amanda Solloway, has reported that she has met with tech companies to collaborate on the proposed PumpWatch scheme.
-
News
Forecourt hits news for ‘incredible’ fuel prices
A family-run forecourt in Bishop Auckland has featured in the local paper several times for its ‘incredible’ fuel prices.
-
News
Chancellor urged to support petrol retailing sector – and also encourage EV uptake in Spring Budget
The PRA is calling on Chancellor Jeremy Hunt to implement ‘decisive measures to support the petrol retailing sector’ in his 2024 Spring Budget on Wednesday (March 6).
-
News
PRA rectifies misconceptions around fuel pricing - again
Gordon Balmer, executive director of the PRA, says it is disappointing to continually have to rectify misconceptions around fuel pricing as forecourts come under attack once again from the RAC over their margins.
-
News
Competition on fuel pricing is working as it should, stresses PRA
Competition in the fuel-retailing sector is working as it should, the PRA has stressed, as the service station network faces continued intense scrutiny from the government and other motoring agencies, amid a consultation on fuel-price transparency.
-
News
PRA breaks with tradition as it welcomes supermarket membership
The PRA has opened its doors to supermarket membership as it seeks to enhance its stature and influence within the industry, particularly in the face of the government’s spotlight on fuel pricing.
-
News
Fuel retailers slam proposal forcing them to share price changes within 30 minutes as consultation opens
Fuel retailers are exasperated as the government consults on a proposal to force them to post fuel price changes within 30 minutes, with one describing the plan as “using a hammer to crack a nut”.
-
News
Asda owners say they did not bump up fuel prices
TDR Capital – co-owner of Asda with the Issa brothers – said today that it did not ‘bump up’ fuel prices during the cost-of-living crisis, which led to other supermarkets doing the same, and was not working on a strategy that its profits were all from petrol and diesel.
-
Analysis
Looking back at 2023
This past year has been another eventful one for the forecourt sector. Against a backdrop of rising costs, increased crime and more EV vehicles on the roads, retailers have had to work harder than ever to remain relevant