Soaring oil prices lead to bumper petrol profits at Britain’s biggest supermarkets

Soaring oil prices lead to bumper petrol profits at Britain’s biggest supermarkets

City A.M.

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Soaring oil prices have led to bumper profits on petrol sales at Britain’s biggest supermarkets, reveals fresh released yesterday. Profit margins on petrol sales have nearly tripled since 2019 at the big four food retailers, according to data from RAC. Margins widened to 8.6 per cent last month, up sharply from the 3.2 per cent [...]

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