All Prices - Retail daily articles
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NewsHundreds of forecourts still in breach of Fuel Finder rules
An investigation into Fuel Finder compliance five months after the system went live has found hundreds of forecourts are still in breach of the rules, either by not being registered with the mandatory scheme or by not sharing prices.
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NewsPolice data shows drive-offs rising with prices
Official statistics from UK police forces show the number of drive-offs reported by fuel retailers have risen by 26% from when prices began to climb as a result of the Iranian conflict.
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NewsFuel duty rise called off
The Prime Minister has announced September’s scheduled fuel duty rise will not go ahead, a move designed to reduce the impact of rising fuel costs brought about by the Iranian conflict, confirming reports earlier in the week.
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News5ppl fuel duty cut to be extended
The five-pence-per-litre cut to fuel duty, scheduled for removal in September, is to remain in place to help counter rising petrol and diesel costs, according to reports.
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AnalysisCOMMENT: How much longer will Fuel Finder be allowed to share misinformation with driver apps?
‘Misinformation’ is a favourite chant of politicians, with the Prime Minister claiming those who spread untruths “debase themselves and the country” – so how should we perceive the government when it consistently facilitates the dissemination of false information?
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NewsAnother Fuel Finder blunder: all supermarket petrol stations mislabelled as non-supermarket sites
Forecourt Trader has uncovered the latest in a long line of serious errors with Fuel Finder, with every supermarket petrol station in the country being labelled a non-supermarket site, and none of the filling stations marked ‘supermarket’ being run by any of the four major chains.
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NewsCMA sends warning letters to ‘hundreds’ of forecourt operators for Fuel Finder breaches
The Competition and Markets Authority has sent “hundreds” of warning letters to forecourt operators who have yet to register with Fuel Finder, and says it is set to issue fines to operators that have not signed up to the mandatory scheme.
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NewsFuel Protest hits UK
A protest at the government’s lack of action over rising fuel prices has taken place in London. The Reform-led event has seen some farmers and lorry drivers gather in London to demand a cut on fuel duty.
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AnalysisCOMMENT: Apparently nobody in government is really looking at Fuel Finder
The fact that around 70 of the 214 petrol stations listed on Fuel Finder as being on motorways don’t meet the criteria for this classification is small fry in the grand scheme of things – but a more significant issue lurks beneath this.
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NewsForecourt staff hit with huge increase in abuse following price rises and political rhetoric
Staff working at petrol stations have been subject to a shocking 110% increase in abuse from customers amid rising fuel prices, and inflammatory comments from politicians about forecourt operators.
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NewsCMA warns forecourt operators it will “prioritise enforcement action” from May
The Competition and Markets Authority has written an open letter for forecourt firms warning them that from next month it intends to begin enforcement action against Fuel Finder non-compliance.
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NewsGovernment pockets £61m extra in a month thanks to fuel-price rises
Surging retail prices for unleaded and diesel have resulted in an extra £61.4m landing in the Treasury’s coffers in under a month.
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NewsFuel at highest price in over three years as diesel tops 180ppl
The average retail price for a litre of diesel currently stands at 181.2p, a level not seen since December 2022, while unleaded is at a 28-month high, at 152ppl.
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NewsForecourts in the ocean and unleaded at £15 a litre: errors “could fatally undermine confidence” in Fuel Finder
Significant errors with Fuel Finder – including over 500 forecourts having incorrect location information listed and over a dozen sites selling fuel for unrealistic prices – “flag an urgent need to address data quality issues” with the system, according to a new analysis.
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NewsGovernment should impose profit cap on fuel retailers, Iceland boss says
The executive chairman of supermarket chain Iceland has asked the government to impose a cap on forecourt operators’ profits to stop retailers “exploiting the crisis at the expense of consumers”.
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NewsFuel Finder contract could be stripped from VE3 as government frustration over glitches grows
The £2m government contract to run the Fuel Finder price-reporting scheme could be stripped from VE3 Global as issues with the system persist months after it was introduced.
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AnalysisCOMMENT: Price gouging is definitely happening at the forecourt: the government is doing it
It really comes to something when you’re not only accused of doing something you’re not doing, but when the person accusing you is the one carrying out the unwanted behaviour – but that’s exactly where we are when it comes to talk of ‘price gouging’ at the petrol pump.
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NewsFuel duty freeze could continue past September
The 5p per litre fuel duty discount introduced in 2022 and due to end in September this year could be extended, Ed Miliband has hinted.
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NewsCMA “steps up” monitoring of fuel retailers in light of Iran war
The Competition and Markets Authority has announced it is stepping up its monitoring of petrol and diesel prices in light of soaring pump costs caused by the Iranian conflict.
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NewsPump prices haven’t yet peaked, warn industry experts
The latest Iranian conflict has dominated news cycles and markets since it began less than two weeks ago, with petrol and diesel prices surging as the cost of oil spikes. Here, we consider both the current situation, and what the coming weeks may bring.