Asked by: Sadik Al-Hassan (Labour - North Somerset)
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what plans he has to implement a national system to monitor petrol prices.
Answered by Miatta Fahnbulleh - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Government gave the Competition and Markets Authority (CMA) statutory information gathering powers which commenced on 1 January 2025 so that it can monitor and scrutinise petrol and diesel prices. The CMA will be able to assess how well competition is working in the road fuel market and advise government if further actions are needed to protect consumers.
The Government has also committed to implement Fuel Finder to increase price transparency, so consumers can compare prices to find the best deal and incentivise greater competition. Subject to legislation and parliamentary timings, we aim to launch Fuel Finder by the end of 2025.