Birmingham news Tesco, Sainsbury's, Asda issue statement as RAC hits out at fuel prices PremierLeague-News.Com

PremierLeague-News.Com - The driving organisation said supermarkets were 'taking advantage'

Birmingham news Tesco, Sainsbury's, Asda issue statement as RAC hits out at fuel prices PremierLeague-News.Com

PremierLeague-News.Com - The driving organisation said supermarkets were 'taking advantage'

Birmingham news Tesco, Sainsbury's, Asda issue statement as RAC hits out at fuel prices PremierLeague-News.Com
22 November 2022 - 13:45

PremierLeague-News.Com - Breaking Sport Transfer News ! A consortium of retailers has hit back at claims that supermarkets aren't passing savings to customers. The British Retail Consortium (BRC) said that retailers "will do everything they can" to keep prices low. It comes after the RAC said last week that it demanded a 5p per litre reduction in petrol and diesel prices to reflect current declining wholesale costs. It said profit margins at these supermarket giants like Tesco and Asda stood at roughly 15p per litre at average prices of 161p per litre for petrol and 184.4p for diesel, 2p per litre lower than the average price at UK forecourts. RAC spokesman Simon Williams said "it’s very sad to see the biggest fuel retailers taking advantage of their customers.

News source = PremierLeague-News.Com

. READ MOREMatt Hancock's lover 'not mixing' with rest of I'm A Celebrity families “Sadly there is now a remarkable lack of competition among the four main players which means prices are far higher than they should be. There are smaller, independent forecourts offering more competitive prices than supermarkets, so drivers should shop around." Now the BRC said: “Retailers understand the cost pressures facing motorists and will do everything they can to continue to offer the best value-for-money across their forecourts, passing on cost reductions as they feed through the supply chain." READ NEXT Olivia Attwood says I'm A Celeb is 'boring' viewers after her sudden exit I'm A Celeb's Chris Moyles sends coded message as girlfriend flies to Oz Phil addresses Holly error as they miss start of ITV This Morning I'm A Celeb fans thrilled over Ant and Dec announcement at end of episode Strictly Come Dancing star Ellie Simmonds dubbed 'an inspiration' over new role Stay up to date with all the latest news from across Birmingham and yo ur area with our daily newsletter. Simply click here to subscribe and stay up to date with all the latest from across the city and wider West Midlands.

Source = PremierLeague-News.Com

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