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Fuel profit margins still persistently high, says watchdog

Source: BBC

Petrol and diesel profit margins remain at "persistently high levels" despite prices at the pump having fallen, according to the UK's competition watchdog.The Competition and Markets Authority (CMA) also challenged retailers' claims that this was a result of higher operating costs. In its first annual road fuel monitoring report, the CMA said competition in the sector was "weak".It said if there was more…

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