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Fuel Retailers Accused of Price Gouging as Petrol Hits New High

Fuel firms accused of 'rocket and feather pricing' as petrol hits new high.

Fuel firms accused of 'rocket and feather pricing' as petrol hits new high.

Photographer: Joe Giddens/PA Media
THE PRESS ASSOCIATION (Neil Lancefield, PA Transport Correspondent)

Fuel retailers were accused of a "classic example of rocket and feather pricing" as the cost of petrol reached a new record.

The RAC claimed significant reductions in wholesale costs for petrol mean companies have a "clear opportunity" to stop continuously hiking pump prices.