The prime minister plans to expose gas stations that are failing to pass on lower fuel prices due to the government’s cut in fuel taxes, it has been reported.
The government introduced a tax cut of 5 cents per liter on 23 March, but this week’s figures showed the average petrol price was above £1.70 per liter for the first time.
Retailers have been accused of increasing profit margins since the policy was introduced.
The Sunday Telegraph reported that Mr Johnson has instructed Department for Transport officials to draw up plans to target service stations that choose not to pass the discount on to customers.
According to the paper, transportation secretary Grant Shapps has proposed a “pump watch” name-and-shame scheme. The ministers are said to have opted against the idea of a windfall tax for petrol retailers.
A source in Downing Street said: “Officials are considering mechanisms available to expose those companies that don’t pass on tax breaks to consumers.”