Fuels: Prices
The question
To ask the Secretary of State for Energy Security and Net Zero, whether he is taking steps to help increase (a) competition and (b) the transparency of road fuel pricing.
Answered by Miatta Fahnbulleh
The Government will implement Fuel Finder, a statutory open data scheme for fuel prices, to increase price transparency and help drivers make more informed decisions on where to buy petrol and diesel. This will increase pressure on retailers to compete strongly to attract consumers by lowering prices. Subject to legislation and Parliamentary time, we aim to launch Fuel Finder by the end of 2025.
The Competition and Markets Authority (CMA) received statutory information gathering powers on 1 January 2025 through the Digital Markets, Competition & Consumer Act 2024 so it can monitor and scrutinise fuel prices. Once launched, Fuel Finder will provide the CMA with the appropriate data to adequately consider issues such as regional pricing variations.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →