PETROL retailers were warned by a Cabinet minister today not to rip off motorists as the price at the pumps soared above £100 a tank.
Levelling Up Secretary Michael Gove said an "eagle eye" would be kept on garages to ensure they were not making "excess profits" with the sky-high cost of petrol and diesel.
However, a petrol retail boss hit back, accusing the Treasury of now raking in more money from motorists than before Chancellor Rishi Sunak's 5p-a-litre cut in fuel duty in March. The row erupted just hours before the average cost of filling a typical family car with petrol spiralled above £100 for the first time. Figures released this morning revealed that the average price of a litre of petrol at UK forecourts reached a record 182.3p yesterday.
That was an increase of 1.6p compared with Tuesday, taking the average cost of filling a 55-litre family car to £100.27, according to data firm Experian Catalist.
The average price of a litre of diesel yesterday was 188.1p, having recently gone above £100 a tank. Some forecourts are already selling petrol and diesel above an eye-watering £2 per litre. RAC fuel spokesman Simon Williams said the average price of petrol soaring through the "thoroughly
This story is from the June 09, 2022 edition of Evening Standard.
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This story is from the June 09, 2022 edition of Evening Standard.
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