Suppliers 'guarantee' fuel savings will be passed on to customers

The full effect of the excise reduction will be passed on, said Public Expenditure Minister Michael McGrath after a meeting with fuel suppliers.

The Government has received a guarantee from fuel suppliers that the excise reduction in fuel will be passed on to customers.

Public Expenditure Minister Michael McGrath held what sources said was a "full and frank discussion" with representatives of suppliers about alleged price gouging in the sector after the Government moved to reduce excise on fuel to help with the cost of living.