Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

U.K. May Force Gasoline Retailers to Display Prices on Motorways

Prime Minister David Cameron has asked his newly formed policy unit to look at whether gasoline retailers could be forced to display the prices of motorway service stations more prominently, the premier’s office said.

The government is trying to address the rising cost of living. Consumer prices have risen 10 percent since the 2010 general election, three times the increase in wages, according to ONS data.

While the Office of Fair Trading concluded in a Jan. 30 report that the market for gasoline in the U.K. was competitive, with rising prices the result of higher oil prices and taxes, it said drivers have little choice on motorways and don’t know the price until they have stopped.

One option under consideration is making retailers display their own prices and those of the next two service stations on the road.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.