CMA to investigate fuel price rises as calls for essential user rebate mount


 

Business secretary, Kwasi Kwarteng has asked the UK’s competition watchdog to urgently review the fuel market and make recommendations on how to “strengthen competition”. The request comes amid rising concern that forecourt retailers are not passing on the recent cut in fuel duty. In a letter to the Competition and Markets Authority (CMA), Kwarteng wrote that people were “rightly frustrated” that the government’s £5bn cut in fuel duty, aimed at delivering a 5p-a-litre reduction “does not always appear to have […]