UK motorists warned to delay filling up ahead of new law change

A person filling up their car
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Motorists are being advised to hold off filling up their petrol tanks as a new law change comes in that could potentially save them money. The UK Government has brought in new legislation to monitor any irregularities in pricing at petrol and diesel stations.

Given the current situation where the UK reportedly has the highest diesel prices in Europe and one of the highest petrol prices according to RAC breakdown experts, this move is seen as crucial. The newly introduced Digital Markets, Competition and Consumers Act could cut prices and prevent price gouging activities by high retailer margins on refuelling.

Currently, the average cost for a litre of petrol is 149p, while diesel is priced at 155p. Both prices significantly exceed the European averages, reports the Express.

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According to the new legislation which came into effect on May 24, the Act will also give new powers to the CMA to closely monitor road fuel prices and report any sign of malpractice to the government. This might indicate a reduction in prices once the law is fully operational, suggesting that it might be worthwhile to wait before filling up to check if prices do indeed plummet.

Reflecting the frustration of drivers, an RAC spokesperson said: "We can see no good reason why retailers in Great Britain aren't cutting their prices at the pumps. It's important to note that in Northern Ireland, where there is greater competition for fuels in the absence of supermarket dominance, the average price of diesel is just 144.9p - 10p less than the UK average, and petrol is 6p cheaper at 142.4p."

"There is cause for hope for fairer fuel prices in the future as the Digital Markets, Competition and Consumers Act became law on Friday, giving new powers to the Competition and Markets Authority to closely monitor road fuel prices and report any sign of malpractice to the Government."

In related news, tanker drivers supplying garage forecourts and aviation fuel are set to go on strike over a pay dispute, reports Stoke on Trent Live. Unite members based at Stanlow oil refinery will stage walkouts from June 6 to 8 and 13 to 15, which could impact deliveries.

The drivers, employed by Hoyer now known as Oxalis argue that their pay offer falls short compared to what their counterparts elsewhere in the country receive. The company has assured that it has contingency plans in place to maintain operations.