As promised in the 2013 Autumn Statement, the Chancellor’s statement today included details of the first signs showing fuel price comparisons on motorways.

The electronic signs will be installed on the M5 between Exeter and Bristol during 2015, with politicians hoping to increase competition between motorway fuel stops, acknowledged as the most expensive places to fill up with fuel.

The RAC recently released a study where it said two thirds of motorists felt motorway prices should be capped, after finding differences of up to 10 per litre between service stations and other refueling points.