Tesco, Asda, Sainsbury's and Morrisons doubled fuel profit margins since start of Ukraine war

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Tesco, Asda, Sainsbury's and Morrisons doubled fuel profit margins since start of Ukraine war
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The four biggest UK supermarkets have doubled their profit margins on fuel since Russia invaded Ukraine in February 2022, analysis has revealed.

Mr Williams added:"They appear to have capitalised on petrol in the early months of the war by upping their margin by 5p a litre in 2022, while they have increased their margin on diesel by nearly 8p this year to 15p by putting off reducing their prices when the wholesale price tumbled.Advertisement

Asda's pence per litre fuel margin targets were three times higher this year than in 2019, the department added.Asda co-owner mauled by MPs over fuel prices

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