30 October 2024
Empowering drivers to seek out cheaper pump prices and spur competition among fuel retailers is a huge step forward for the fair treatment of drivers by the fuel trade. The findings of the CMA’s monitoring proved the desperate need.
Responding to today’s announcement of moves to appoint an aggregator and ready fuel stations for what will be required of them, the AA responds:
“Drivers and businesses were put under enormous financial pressure by commodity price shocks following covid and the start of the Ukraine war. To have proved that the fuel trade was taking advantage of price volatility and changes in ownership of key players was a watershed moment in finally moving towards fairer pump pricing,” says Luke Bosdet, the AA’s spokesman on pump pricing.
“It has taken more than a decade of campaigning by the AA to get to this point and represents a major victory for drivers. The involvement of the CMA was precisely what has been needed to make this happen and we welcome the new government’s enthusiasm in moving this process forward.
“Pump price transparency has been up and running for quite some time in other countries, and transformed the fortunes of drivers and businesses in many. Now the UK will go down this road and, hopefully, drivers and the fuel trade can operate in greater harmony.”
Empowering drivers and boosting competition in the road fuel retail market - GOV.UK (www.gov.uk)