Petrol retailers in the UK are exasperated at a government proposal to force them to post fuel price changes within 30 minutes, with one describing the plan as “using a hammer to crack a nut”.
The new Pumpwatch plans will make it a legal requirement for all UK fuel retailers to provide the data on a near-live basis to an organisation to be appointed by the government. Local authorities will be given powers to impose financial penalties on petrol stations that do not comply with the rules.
The Department for Energy Security and Net Zero (DESNZ) intends to contract an aggregator to manage the data, which will then be made publically available. Ministers hope that technology companies will then develop price comparison tools to present the information to motorists, via navigation apps, in-car devices and websites.
Full story at Petrol retailers rail against proposal forcing them to share price changes within 30 minutes | News | Forecourt Trader
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