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| Asda, Morrisons, Sainsbury's and Tesco cut petrol prices | Asda, Morrisons, Sainsbury's and Tesco cut petrol prices |
| (4 months later) | |
| Motorists will be able to buy cheaper petrol from Tuesday after four leading supermarkets announced they were cutting their forecourt prices. | Motorists will be able to buy cheaper petrol from Tuesday after four leading supermarkets announced they were cutting their forecourt prices. |
| Asda sparked a price war after revealing that it would be slashing the price of its petrol by up to 2p a litre. Sainsbury's is also introducing a petrol cut of up to 2p a litre while Morrisons is cutting up to 3p a litre off petrol and 1p off diesel. The fourth supermarket to announce cuts was Tesco, which is bringing in a cut of up to 2p on its petrol. | Asda sparked a price war after revealing that it would be slashing the price of its petrol by up to 2p a litre. Sainsbury's is also introducing a petrol cut of up to 2p a litre while Morrisons is cutting up to 3p a litre off petrol and 1p off diesel. The fourth supermarket to announce cuts was Tesco, which is bringing in a cut of up to 2p on its petrol. |
| These latest reductions follow supermarket cuts last week to the price of diesel and a general lowering of the wholesale price of fuel. Motoring groups welcomed the news as likely to take pressure off squeezed household budgets, but warned that a lack of transparency means that drivers filling up face significant regional price variations. | These latest reductions follow supermarket cuts last week to the price of diesel and a general lowering of the wholesale price of fuel. Motoring groups welcomed the news as likely to take pressure off squeezed household budgets, but warned that a lack of transparency means that drivers filling up face significant regional price variations. |
| Mark Todd, petrol director for Morrisons, said: "Further falls in wholesale prices mean we can pass savings on to customers and continue to offer some of the lowest prices on the market." | Mark Todd, petrol director for Morrisons, said: "Further falls in wholesale prices mean we can pass savings on to customers and continue to offer some of the lowest prices on the market." |
| The latest Asda cut will mean its customers will pay no more than 133.7p a litre for petrol from Tuesday morning, with Asda diesel staying at 137.7p a litre. | The latest Asda cut will mean its customers will pay no more than 133.7p a litre for petrol from Tuesday morning, with Asda diesel staying at 137.7p a litre. |
| Edmund King, president of the AA, said: "We predicted these cuts last week, with oil down to its lowest level in a month and the pound gaining on the dollar after its recent fall. This is perhaps another glimmer of sunlight for drivers after a hard, wet, pot-holed and expensive winter of driving." | Edmund King, president of the AA, said: "We predicted these cuts last week, with oil down to its lowest level in a month and the pound gaining on the dollar after its recent fall. This is perhaps another glimmer of sunlight for drivers after a hard, wet, pot-holed and expensive winter of driving." |
| The RAC's technical director, David Bizley, said: "Certainly, these price cuts will be widely welcomed by UK motorists and it is encouraging to see that the drop in the wholesale price of fuel is being passed on. Nonetheless, it is easy to underestimate the impact that the UK's high fuel prices are having on us as individuals. Our research has shown that almost half of motorists would avoid promotion or a new job that involves more driving, and a quarter believe prices negatively affect their working life. We will continue to campaign for greater price transparency." | The RAC's technical director, David Bizley, said: "Certainly, these price cuts will be widely welcomed by UK motorists and it is encouraging to see that the drop in the wholesale price of fuel is being passed on. Nonetheless, it is easy to underestimate the impact that the UK's high fuel prices are having on us as individuals. Our research has shown that almost half of motorists would avoid promotion or a new job that involves more driving, and a quarter believe prices negatively affect their working life. We will continue to campaign for greater price transparency." |