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Competition among fuel retailers is "failing consumers" because drivers are still paying too much to fill up, according to regulators. In an update on its monitoring of the fuel market, the Competition and Markets Authority (CMA) said the cost to all motorists from the previously identified increase in retail fuel margins since 2019 was over £1.6bn in 2023 alone.

9216590

Reuters

United Kingdom

UK drivers still paying too much for road fuel, says regulator

The Competition and Markets Authority says poor competition cost British motorists £1.6bn last year.

Ad Fontes Media

All Sides

Media Bias/Fact Check

BBC News

Government of the United Kingdom

Drivers still pay too much for fuel, warns watchdog

The CMA said that the fuel market is still ‘failing consumers’ a year on from its first report that laid bare the problems in the sector.

The Independent

Evgeny Lebedev

London

Greater London

England

Motorists still ‘paying too much’ for fuel, says competition watchdog

Britain's competition regulator said on Friday the country's drivers are still paying too much for road fuel, with increases in retail fuel margins costing them over 1.6 billion pounds ($2.1 billion) in 2023.

The Woodbridge Company

The Competition and Markets Authority said that the fuel market is still "failing consumers" a year on from its first report that laid bare the problems in the sector

Daily Express

Reach plc

Drivers are still 'paying too much' for their fuel, says watchdog

GREEDY fuel retailers have ripped off drivers by £1.6billion in the past year by bumping up their profit margins.They have clobbered motorists with t

Fuel retailers rip off drivers by £1.6bn in year after bumping up profit margins

The Sun

Murdoch family

Drivers are still paying too much for their fuel, with retail margins “significantly” above historic levels, according to the UK competition watchdog.

Shropshire Star

MNA Media

Ketley

Shropshire

Evening Standard

Alfred Harmsworth (barrister)

Geraldine Mary Harmsworth

Patricia Harmsworth, Viscountess Rothermere

Carron Greig

Competition among fuel retailers is "failing consumers" because drivers are still paying too much to fill up, according to regulators.

Sky News UK

Roberts family

Fuel prices remain a rip-off, competition watchdog declares

Drivers in Britain are still paying too much for fuel, with retail margins “significantly above historic levels,” the Competition and Markets Authority (CMA) said on Friday.
The update came a year after the watchdog published the final report of its road fuel market study and called for a mandatory fuel finder scheme so drivers can have instant access to prices, and a monitoring body to police fuel prices.
The CMA will take on the role of the mo…

The Epoch Times

Epoch Media Group

New York

United States

Fuel Retailers Still Overcharging Drivers, Competition Watchdog Says

The Competition and Markets Authority (CMA) has said that the fuel market continues to "fail consumers" a year after its initial report exposed issues in the sector.

Daily Record

Glasgow

Glasgow City

Scotland

Fuel price rip-off warning as UK drivers still being overcharged at petrol pumps

Fuel prices remain a rip-off, competition watchdog declares

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