Business Secretary Kwasi Kwarteng has written to the leading petrol retailers 'to remind them of their responsibilities' to pass on tax cuts to motorists
"The chancellor and I therefore want to re-emphasise and communicate again our expectation that members do everything possible to ensure that drivers are getting a fair deal across the country."
"We know that a number of retailers - big supermarkets, Asda, Tesco and Sainsbury's - are passing on the cuts and we will raise this with other petrol retailers. But Gordon Balmer, executive director of the Petrol Retailers Association, which represents independent forecourts, said comparing pump prices with wholesale prices"only gives a partial picture" as it does not account for"additional expenses" including delivery costs.
"While the chancellor was announcing it, oil prices rose and effectively cancelled out the reduction.
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