UK fuel price wars begin to impact on Island

Fri, 09 Jan 2015

Fuel prices have plummeted - and this is just the beginning of the fall.

That's the surprising message from the Office of Fair Trading - which insists it's been expecting a dip brought on by UK supermarket 'price wars' for some time.

Yesterday saw EVF's prices reduce to 121.9p per litre of premium unleaded and 125.9p per litre for diesel on the forecourt.

Chief executive officer Mike Ball explains why it's happening: