Asda's pence per litre fuel margin targets were three times their 2019 level by 2023, and the retailer deliberately passed on reductions to retail prices more slowly in areas where they had no competition, the competition watchdog has told MPs.Appearing before the Business and Trade Committee on Wednesday, Asda co-owner Mohsin Issa was asked 15 times if he accepted the Competition and Markets Authority's findings, refusing each time to answer yes or no.

Asda's pence per litre fuel margin targets were three times their 2019 level by 2023, and the retailer deliberately passed on reductions to retail prices more slowly in areas where they had no competition, the competition watchdog has told MPs.Appearing before the Business and Trade Committee on Wednesday, Asda co-owner Mohsin Issa was asked 15 times if he accepted the Competition and Markets Authority's findings, refusing each time to answer yes or no.