The move comes amid record fuel prices which have caused protests, with some motorists unable to afford fuel to get to work.
Friday 29 July 2022 18:28, UK
Britain’s third-largest supermarket, Asda, has said that it has cut the price of petrol and diesel for its customers.
In an announcement, Asda said it has cut the price of unleaded by 5p per litre and diesel by 3p to help motorists save money when filling up their tanks.
This means drivers will pay on average £1.74 for a litre of unleaded and £1.85 for diesel when filling up at Asda’s 323 petrol stations across the UK.
The reduction means the supermarket has reduced its fuel prices by 9p a litre for unleaded and 7p for diesel since the start of the week.
It comes amid record fuel prices which have caused nationwide protests, as people across the country battle to financially stay afloat, with some motorists unable to afford fuel to get to work.
AA fuel price spokesman Luke Bosdet said: “Asda’s price move is impressive, in effect cutting 10p a litre off the UK average price of petrol. That’s potentially a fiver off a tank for those filling up this weekend, compared to the artificially-high prices on too many major retailer forecourts and in too many towns.”
The latest UK pump price averages have petrol at 184.50p a litre, as of Wednesday.
Asda and Morrisons drop prices to help struggling shoppers
Asda facing strike threat as Tesco battles to prevent Xmas walkout disruption
Asda to open stores at petrol stations as sales fall after lockdowns ‘exceptional’ 2020
RAC fuel spokesman Simon Williams said: “This is great news for drivers as it will certainly encourage other retailers around the country to cut their prices.”
However, he described the move as coming “too late” for motorists who have not seen prices reduced at the pumps despite the wholesale price of petrol falling for the past seven weeks.
Alongside other supermarket groups like Morrisons, Asda has also introduced measures to keep the cost of essential items low until the end of the year, to help shoppers through the cost of living crisis.
Read more:
Nine tips to reduce how much petrol or diesel you use amid record fuel prices
McDonald’s increases price of cheeseburger for first time in 14 years
Revealed: How much ‘electric households’ are saving on bills
Chancellor Nadhim Zahawi has said “nothing is off the table” amid calls for a more substantial fuel duty decrease after the 5p-per-litre reduction implemented in March failed to halt price rises.
Follow the Daily podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker
