Petrol stations pocketing the 1p fuel duty cut

Petrol stations are not passing on the chancellors insultingly small cut to fuel duty. The Retail Motor Industry Federation (RMI) says many garages will delay implementing the cut until stocks of existing, more expensive fuel are gone. This is complete rubbish the duty is paid by the customer not the petrol station. They buy the fuel at a cost and then add VAT and fuel duty on afterwards for the customer to pay they don’t pay it themselves and any rise or fall in fuel duty makes no difference to what they pay. It is time to accept that deregulation or self regulation of industry does not work and cannot work. No business is going to put the customer above squeezing every last penny it can out of its customers and they will continue to do so until an independent regulator is created.