Overview
- The Department for Energy Security and Net Zero says Fuel Finder is on track to launch by the end of 2025 and has granted the CMA new powers to oversee fuel market competition.
- The scheme will require all UK filling stations to report price changes and fuel unavailability within 30 minutes using a near-real-time digital platform.
- Recent RAC Fuel Watch figures show motorists are paying an average of 135.36p per litre for petrol and 143.22p for diesel.
- Government modelling forecasts that full implementation could shave between 1p and 6p per litre off pump prices by improving price transparency.
- FairFuelUK warns retailers are retaining over £4.5 million of daily wholesale savings and is urging ministers to accelerate the rollout to pass on cuts to drivers.