Business secretary says people ‘rightly frustrated’ over 5p-a-litre cut not being passed on
The business secretary, Kwasi Kwarteng, has asked the UK’s competition watchdog to urgently review petrol station operators, amid concerns that retailers have not passed on the recent cut to fuel duty.
In a letter to the Competition and Markets Authority (CMA), Kwarteng wrote that people were “rightly frustrated” that the 5p-a-litre reduction had not stopped prices from soaring to record levels at forecourts.
