All Latest News articles – Page 126
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NewsDate set for withdrawal of paper £10 note
The Bank of England has announced that will be withdrawing the legal tender status of the paper £10 note featuring Charles Darwin on Thursday 1 March 2018. The decision follows the launch of the new polymer £10 note featuring Jane Austen on 14 September this year. The paper notes can ...
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NewsKay group opens fourth new-to-industry site
Top 50 Indie Kay Group has opened its fourth new-to-industry site in two years. The new site’s fuel brand is Texaco, taking their total number of Texaco-branded service stations to 15. The new site is located in Ellesmere Port, Cheshire, and comes after The Kay Group opened a Texaco-branded new ...
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NewsDCC reports increased profits and turnover for half year
DCC, the parent company of Certas Energy, has reported increased sales and profits for the six months ended 30 September 2017. The group’s oil, retail and LPG businesses increased revenue to £1.6bn, up 16.4% on the same period a year ago, and the group’s adjusted operating profit on continuing activities ...
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NewsNisa members narrowly vote in favour of takeover by Co-op
Nisa Retail members have narrowly voted in favour of the Co-op Group’s offer to buy the business for up to £137.5m. A 75% vote was required to give the go ahead for the deal and members voted 75.79% in favour and 24.21% against the Co-op’s offer. The offer requires clearance ...
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NewsWholesalers dismayed by CMA provisional Tesco-Booker verdict
Wholesalers have reacted with dismay after the Competition and Markets Authority (CMA) announced it had provisionally concluded that Tesco’s purchase of Booker does not raise competition concerns. A number of competing wholesalers told a CMA investigation that they were concerned Booker would benefit from improved suppliers’ terms after the merger, ...
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NewsMulti-million pound spend in BP M&S refurbishments
Three BP M&S Simply Food sites have reopened after refurbishments involving a multi-million pound investment. The BP service station with M&S Simply Food on Kilmarnock Road reopened after a spend of £0.9m on the site. Extensive changes were made with the building being extended to provide improved toilet facilities and ...
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NewsMinimum alcohol pricing in Scotland clears final hurdle
The UK Supreme Court has ruled that the Scottish Government can set a minimum price for alcohol, rejecting a challenge by the Scotch Whisky Association (SWA). Legislation was approved by the Scottish Parliament five years ago but implementation has been delayed by court challenges. In a unanimous judgment, seven Supreme ...
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NewsPRA adds to protest over threat to diesel drivers
The PRA has added its voice to protests after reports that the government is planning further tax penalties for diesel drivers. PRA chairman Brian Madderson said: “The Petrol Retailers Association strongly agrees with the UK’s leading motoring and freight organisations, that the Chancellor’s first aim should be to support the ...
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NewsACS calls on government to act over rate relief delays
The Association of Convenience Stores has called on the Government to take further action to ensure that local authorities distribute rate relief properly, after it was revealed that more than 100 authorities were yet to issue amended bills to businesses. The list, published this week by the Department of Communities ...
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Retailer snaps up second Jet site - on tourist route
Ayrshire-based Jet forecourt owner Brian Connolly, who opened the first Jet and Spar dual-branded site, has bought a second service station, in the market town of Dalmellington, 10 miles from his first forecourt at Maybole. The new site is located on the Galloway tourist route, which runs from the A74(M) ...
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MPK Garages expands with two more sites
MPK Garages has acquired two further forecourts as part of its expansion and development plan.The Leicester-based retailer, currently ranked 10th in Forecourt Trader’s Top 50 Indies, recently acquired Chester Road Service Station in Stanley, County Durham, and Ram Jam Service Station on the A1 in Leicestershire. This takes the company’s ...
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Shell invests in electric
Shell launched an on-forecourt electric vehicle (EV) rapid charging service called Shell Recharge, days after it signed an agreement to buy NewMotion, one of Europe’s largest EV charging providers.The new service is now available at Shell Holloway in London, Shell Whyteleafe in Surrey, and Shell Derby, and will be launched ...
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Shell’s David Moss to retire at the end of this year
After nearly 40 years of service, David Moss, Shell’s UK retail general manager, is to retire at the end of the year. Having spent his entire career in downstream, initially in aviation and marine, he joined retail in the 1980s.His recent notable achievements have been the retail leadership of North ...
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MFG invests in chargepoints on London sites
MFG has announced a second partnership with an electric vehicle chargepoint installation company Ecotricity which will extend the latest technology across its network. As a result it will install 30 new electricity pumps on its forecourts around London.This follows last month’s announcement of a deal with ChargePoint Services ...
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PRA makes case for charging incentives
The PRA has taken a second opportunity in a week to tell MPs that forecourts should not be forced to install electric chargers. Just days after PRA chairman Brian Madderson addressed MPs scrutinising the Automated and Electric Vehicles Bill (see News Extra, page 10), the PRA provided evidence to an ...
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News
in brief
greenergy grows in irelandGreenergy, the UK’s largest supplier of road fuels, has confirmed that it has completed the acquisition of Inver Energy in Ireland. Agreement on the deal, which gives Greenergy a presence in the growing Irish market for the first time, was announced on July 13. Inver’s business includes ...
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BP opens two and plans to develop a third
BP has opened two new service stations with M&S Simply Food and bought a third site for redevelop-ment. Sixteen new jobs have been created with the opening of a new BP with M&S Simply Food on Oakleigh Road South, in Southgate, north London, and BP said approximately £800,000 had been ...
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QP Petroleum takes top gong at Bestway awards
Forecourts have excelled at Bestway Wholesale’s annual Retail Development Awards, taking two of the top awards.Overall winner was Best-one forecourt operator QP Petroleum in Runcorn, with owner Kuperan Murugesu collecting the trophy and a cheque for £10,000.Husband and wife team Kalpesh and Meeta Raja, who run a forecourt shop in ...
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PRA calls for cut in fuel duty in Autumn Statement
The PRA has written to the Chancellor urging him to not just freeze, but cut fuel duty by 5ppl in the Autumn Budget on November 22. Since the beginning of October, the Platts cost of petrol has risen by more than 6ppl. This has resulted from Brent Crude oil recovering ...
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Esso officially launches pay app and starts roll out
Esso officially launched its new mobile payment app at MRH’s Robin Hood North Service Station on the A3 in south London. The new app has been live since April and is already available on 75 sites. But it will now be rolled out at the rate of 25 sites a ...