Ministers considering creating a ‘pumpwatch’ fuel watchdog to prevent retailers from ripping off drivers by failing to pass on cuts in the price of petrol and diesel
- Chancellor Jeremy Hunt and Business Secretary Grant Shapps examining idea
- A decision could be made as soon as the March Budget to get things moving
Ministers are examining plans for a fuel watchdog to prevent drivers from being ripped off at the pumps.
Chancellor Jeremy Hunt and Business Secretary Grant Shapps are said to be looking at a system to make petrol and diesel retailers pass on cuts in wholesale costs to consumers.
A report into the situation is expected to be completed by the end of February and a decision made as soon as the March Budget.