The organisation’s head of roads policy, Jack Cousens, called for a 10p cut to fuel duty and for longer-term transparency on pump pricing - as is provided in Northern Ireland - to be offered in the rest of the UK. The AA said it was “pleased” by the move, but argued that “more urgent action is needed”. Watchdog ordered to investigate fuel retailersįuel retailers are to be investigated after accusations that the 5p-per-litre fuel duty cut was pocketed instead of being passed on to consumers.īusiness secretary Kwasi Kwarteng wrote to the boss of the Competition and Markets Authority, asking for an independent review to be carried out into the matter, requesting an initial report to be delivered by 7 July. The RAC offered a similar opinion, with its fuel spokesman Simon Williams saying he would “expect the largest retailers who buy fuel most frequently to stop the pump price rot and even look at reducing their prices soon to reflect the fact they’ve been benefiting from lower wholesale costs over the last week”. The group said it would be “shameful” if pump prices aren’t cut over the weekend. The AA said that wholesale cost reductions such as these would typically in the past have led to competition between retailers to see who could make the biggest cuts to pump prices, but pointed out that this rivalry has now vanished. The wholesale cost of fuel has finally fallen from its peak earlier in the month, however, leading to motoring organisations arguing that retailers should begin passing the saving on soon. What is hypermiling and how do you do it?