Stores slash petrol prices

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Friday, October 26, 2012
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The Sentinel

SUPERMARKETS across the UK have lowered their petrol prices following a fall in the wholesale cost of fuel.

Asda was the first to announce it would cut up to 2p off a litre of petrol, saying customers would pay no more than 133.7p.

Rivals Sainsbury's and Tesco followed with similar pledges of price reductions of up to 2p.

The AA broadly welcomed the move, but urged other retailers to do the same.

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"Unless the rest of the market reflects the lower cost, it's a case of the same old story – prices up like a rocket, falling like a feather," said AA's head of public affairs Paul Watters.

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  • Profile image for focusboy

    by focusboy

    Sunday, October 28 2012, 5:26PM

    “In what way can stores knocking "up to" 2p off a litre be described as "slashing" the price?”

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