Petrol Price Rise: Fuel giants may be "on the hook" for “ripping off consumers”

EMBARGO: Immediate Release 

Petrol Price Rise: Fuel giants may be "on the hook" for “ripping off consumers”

Responding to the recent increases in fuel prices at petrol stations across the country, Daisy Cooper MP, Liberal Democrat Treasury Spokesperson, said: 

“People have already been paying through the nose to fill up their car, as forecourts have jacked up their profit margins over a period of months.

“Last time oil prices went up, petrol stations raised their profits even more, so people are now worried that this could happen yet again, at an even greater scale.

"Fuel giants should not be allowed to treat families already struggling with the cost of living like cash cows.

“The Competition watchdog must step in and warn fuel giants that they could be on the hook for hefty fines if they are found to be ripping off consumers.”

ENDS