Asda Becomes UK’s Most Expensive Fuel Retailer, Analysis Reveals

Asda has surpassed Tesco, Morrisons, and Sainsbury’s as the most expensive fuel retailer in the UK. The supermarket giant’s fuel prices are an average of 2.1p higher for petrol and 2.5p higher for diesel compared to its rivals. Asda’s acquisition by the Issa brothers in 2021 and the integration of EG Group’s UK arm may have contributed to this increase. Despite previous commitments to maintain competitive fuel prices, Asda’s target fuel margin has significantly increased since 2019. The Competition and Markets Authority (CMA) is monitoring fuel pricing issues and may take action on pump margins in the future.

Head-Turning Beach Cover-Ups from the British High Street

Elevate your beach style with these chic and affordable beach cover-ups from renowned British retailers like Marks and Spencer, Asda, New Look, and Accessorize. From demure kaftans to bold prints and tropical-inspired designs, there’s a cover-up for every taste and budget, ensuring you look stylish and confident as you transition from the beach to lunch and back.

Guinea Pig-Themed Homeware Range From Asda

Asda has launched an adorable guinea pig-themed homeware range, with prices starting from just £3.50. The range includes a pink reversible duvet covet set for £8, an artificial succulent in a guinea pig pot for £5, a shaped bath mat for £10, a guinea pig cushion for £12, and more. Shoppers have been raving about the range on social media, with many saying it is “so cute” and “affordable and adorable”.

Asda’s Issa Brothers: Long-Term Commitment Despite Stake Sale Rumors

Asda CFO Michael Gleeson reassures that the supermarket’s shareholders remain dedicated to long-term growth, despite reports of one of the Issa brothers seeking to sell his stake. The company reveals strong financial performance, with sales rising and earnings jumping in 2023. Asda plans to expand its store network, opening 500 new express convenience stores by year-end, primarily through the acquisition of petrol station forecourts. However, the supermarket’s market share has declined since the takeover in 2021, and it faces competition from discounters Aldi and Lidl.

No Family Feud at Asda, Says Boss

Mohsin Issa, CEO of Asda, has denied allegations of a rift with his brother, Zuber. He addressed rumors that Zuber plans to sell his stake in the supermarket chain, stating that there is no disagreement between them. Mohsin also announced plans to step back from his daily involvement in Asda and appoint a chief executive, though past attempts to hire a suitable candidate have been unsuccessful.

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