UK Fuel Retailers to Share Price Changes Within 30 Minutes

Government's move aims to stimulate fairer pricing and could save drivers 3p per litre on fuel, according to the Department for Energy Security and Net Zero.

The UK government plans to force fuel retailers to share information on price changes within 30 minutes, aiming to make it easier for drivers to find the cheapest petrol and diesel.
The freely available data will enable tech companies to develop new price comparison tools, expected to be accessible on mobile apps, websites, online maps, journey planning tools and in-car devices.
The move could save drivers 3p per litre on fuel by helping them find the lowest prices in their area, according to the Department for Energy Security and Net Zero (DESNZ).
Twelve major fuel retailers, including all four fuel-selling supermarkets, signed up to an interim voluntary scheme launched by the Competition and Markets Authority (CMA) last year to share daily prices.
The government's proposal aims to stimulate fairer pricing through free market competition and takes advantage of the latest information technology.