Asda has today announced that it will give its customers a seasonal boost by investing in an exclusive three-day price drop, knocking four pence per litre off fuel, meaning unleaded prices drop below the £1 mark to 99.7 pence per litre.
Following the news that the Chancellor has so far held off a price increase on fuel duty Asda President & CEO Andy Clarke had urged him to continue with the freeze instead of the anticipated yearly fuel duty rises in line with inflation from April 2016.
Feedback from Asda Mums indicates that any future increases would put pressure on household finances.
In the latest Mumdex report, complied ahead of the Autumn Statement, Asda Mums made it clear what the Government needs to focus on to take pressure off household incomes including, imposing a limit on energy and utility prices and increasing the personal tax allowance, along with a continued freeze on fuel duty.
Asda’s announcement today will be an additional boost for customers in the run-up to the festive season, meaning there’s more left over to spend on the things that matter at this time of year. Effective from Friday November 27 until Sunday November 29, motorists will benefit from cheaper fuel prices throughout the weekend as unleaded falls to a new record six year low.
Asda will revert back on Monday to a market leading price of 103.7ppl on unleaded and 106.7 ppl on diesel.