You are here
LONDON - The UK's Safeway has cut the price of its petrol by as much as 20 pence a litre, spawning Wal-Mart-owned Asda to cut its prices, the BBC news reports.
Safeway has introduced a rising scale of discounts, so that customers who spend 25 pounds in the store will get 2 pence off a litre at its petrol stations, while those spending 150 pounds will get a reduction of 20 pence a litre.
Asda has responded by cutting its fuel by up to 1 pence a litre without any need to spend in the shops.
The two biggest supermarkets, Tesco and Sainsbury, said they did not intend to react to the cuts, according to the BBC.