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Petrol prices 'no rip-off'

Fuel price rises have been driven by tax rises and the hike in the oil price, the Office of Fair Trading has reported. It says it finds "very limited evidence" that retailers aren't passing on drops in the wholesale price to drivers quickly enough.

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Dept for Energy considering response to fuel prices report

The Prime Minister's official spokesperson was asked whether the PM was disappointed at the Office of Fair Trading's report into fuel prices.

She said it was for the OFT to look at the issue, adding that they have made it clear that if there is further evidence of alleged price fixing, they will look into it and take action.

But for now, the Department of Energy and Climate Change is considering its response to the OFT's report.

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