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OFT constantly monitoring trends in UK fuel prices

How much power do the Office of Fair Trading have with regards to stopping prices at the fuel pumps from spiralling?

That was the question put forward by Jason Moorehouse MHK in the House of Keys earlier this week.

He wanted to know the last time the OFT had to step in, directing his question to their new chairman, Tim Glover MHK.

Mr Glover said the OFT are constantly monitoring the trends in the UK that could impact prices on Island:

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