Motorists in the UK are paying the highest prices for diesel in Europe, the RAC's analysis shows.
UK motorists are paying the highest diesel prices in Europe, according to new analysis by the RAC.At UK forecourts the average price of a litre of diesel is 155p, it found.
Even with the 5p per litre cut in fuel duty in spring 2022, the UK has Europe’s joint highest rate of duty on diesel with Italy at 52.95p per litre but Italy’s average pump price is 7p per litre cheaper at 148p. The analysis is based on figures from the European Commission and the UK’s Competition and Markets Authority.
He said: “The average retailer margin on diesel – that’s the difference between the delivered wholesale price and the retail price before VAT – is 18p.“The average price of a litre of diesel should really be down to around the 145p level if retailers were charging fairer prices.“We can see no good reason why retailers in Britain aren’t cutting their prices at the pumps.
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