Petrol retailers told to pass on fuel duty cut
The government wants to ensure companies pass on tax cuts to motorists as diesel prices hit new highs. …
The RAC believes that supermarkets often wait for long sustained drops in wholesale prices before they cut their forecourt prices. If they cut the retail price too soon and then the wholesale price rises again, they will be forced to reintroduce a higher price which looks bad to customers, according to the motoring organisation.
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