Supermarkets cut petrol prices

Date published: 15 April 2013


Major UK supermarkets have announced a round of petrol price cuts from Tuesday.

Asda kicked off the cuts with a reduction of up to 2 pence a litre, followed by other supermarkets including Sainsbury's and Morrisons.

Falls in wholesale prices and a more favourable exchange rate are behind the cuts, the AA motoring group said.

Supermarkets reduced pump prices in March, and last week cut about 2 pence a litre off diesel.

A rise in fuel duty scheduled for September was cancelled by Chancellor George Osborne in his Budget last month.

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