He got a pretty serious grilling
Asda co-owner Mohsin Issa has described criticism of the supermarket giant as "unfair" after it was handed a £60,000 fine for failing to provide relevant information to the Competition and Markets Authority in a timely manner.
“So we found that between 2021 and 2023 they significantly increased their internal fuel margin targets on a pence per litre basis, and indeed by 2023 those pence per litre targets were three times what they’d been in 2019. The second of these areas was the decision that Asda took during 2022 to deliberately feather prices on fuel as they came down from the peak.
Mr Issa replied: “That’s unfair, personally, cos we sort of complied with all regulatory sort of requests.” Mr Jones said: “You have nothing further to add.”
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