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Margins on fuel remain historically high - RAC reaction

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Following the publication of the latest road fuel update report from the Competition and Markets Authority, RAC head of policy Simon Williams said:

“It’s very concerning that the CMA has once again concluded that fuel margins remain historically high. Unfortunately, the CMA’s ongoing scrutiny appears so far to have had little effect on changing retailer behaviour. ​ 

"Hope of seeing more competitive prices on the nation’s forecourts now rests on the Government’s Fuel Finder scheme delivering when it comes into operation at the end of the year. If retailers being mandated to report their prices daily doesn’t lead to greater competition in the market, then further questions will need to be asked.

“We also look forward to seeing the results of the CMA’s first annual road fuel monitoring report at the end of the year as this will look at retailer operating costs and their impact on margins."

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The RAC is an iconic British driving services brand and has been championing drivers since 1897. Today it is one of the UK’s most trusted names, providing complete peace of mind ® to over 15 million drivers across breakdown cover, insurance, and mobile servicing and repairs.

Its nationwide patrol force attends more than two million breakdowns every year, while its position as the UK’s leading independent insurance broker helps motorists find the right cover with confidence. The RAC has also reshaped the service, maintenance and repair market with its Mobile Mechanics, who carry out servicing and repairs at drivers’ homes or workplaces.

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