All Latest News articles – Page 127
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News
Financial adviser appointed for MRH IPO
US private equity company Lone Star, which acquired Top 50 Indie MRH GB in 2016, is reported to have appointed a financial adviser for a potential London listing of the UK’s biggest independent service station operator, which has 450 sites. Bloomberg reported that an initial public offering could value the ...
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Sales of motorcycles down for tenth consecutive month
Demand for motorcycles continued its downward trend in October marking 10 consecutive months of decline in the market. Registrations in October fell by 13.7% compared with the same period last year and the year-to-date decline currently stands at -15.3%. A total of 6,686 motorcycles were registered in the month compared ...
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Diesel car sales set for new hit from Chancellor
Plummeting sales of diesel cars are likely to be hit even more by the introduction of extra taxes in the Budget later this month, according to the Financial Times. The paper reports that Government aids have said the Chancellor of the Exchequer, Philip Hammond, believes a levy on new diesel ...
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Independent invests in new Budgens store
RJ Raven, a fourth-generation family-run filling station has improved its food offering and launched a Budgens after receiving a finance package of £660,000 from HSBC with additional funding from Budgens. Prior to the Budgens opening, the petrol station had a small dry stock offering, however with the new addition ...
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Forecourt bomber sentenced to seven years for ATM attack
A man who blew up an ATM on a forecourt and made off with thousands of pounds of cash has been jailed for seven years. Peter Hinder was seriously injured after the stolen getaway car used in the 21 August attack crashed as it fled the scene. Nearly £10,000 worth ...
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Man jailed for arson with intent to endanger life on forecourt
A man has been jailed for arson with intent to endanger life following an incident on a forecourt in Waltham Abbey. Paul Crick, 43, of Hookfield, Harlow was seen to walk across the forecourt of a Tesco petrol station in Sewardstone Road at around 5.40pm on Saturday, April 22. He ...
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Car wash owner fined after waste fly-tipped at beauty spot
The owner of a hand car wash operation has been fined after waste from his site was dumped at a National Trust beauty spot. Rubbish including car parts, plastic containers, black bin bags and empty boxes were all left strewn across a woodland path within the grounds of Wimpole Hall ...
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AA forms partnership to support electric vehicles
The AA has formed a partnership with Chargemaster, the UK’s largest provider of EV charging infrastructure, to help AA members who already own, or who are considering an electric vehicle. Currently 41% of AA members own diesel cars but when asked if their next car will be diesel this drops ...
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Jempson’s site celebrates 25th anniversary
An independent petrol station, which has regularly beaten major supermarkets on price, is celebrating its 25th anniversary this month. Jet’s Jempson’s petrol station in Peasmarsh, near Rye in East Sussex, came to national prominence in late 2015 as petrol prices fell close to £1 per litre, and it cut its ...
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E10 becomes top-selling petrol in France
E10 has become the top-selling petrol in France, helped by a tax break that makes it cheaper than its conventional rival, according to a statement by French ethanol producers reported by Reuters. Sales of unleaded SP95-E10 accounted for 38.5% of petrol sales in France in September, compared with 36.8% for ...
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Robbers smash their way into shop
Robbers smashed their way into the Texaco garage on Atherton Road, Wigan at about 2.40am on Tuesday October 31, terrifying the member of staff who was on duty. The offenders had approached the shop in a car, carrying a large builder’s bag with them. Out of this bag they produced ...
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Palmer and Harvey publishes guidance for retailers
Palmer and Harvey has published the latest release of its Guide to Best Selling Products. The guide was delivered to more than 3,000 P&H retailers on Monday November 6, and provides in-depth analysis on the latest trends and best-selling products across the convenience and forecourt sectors, to help retailers ensure ...
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PRA reiterates message to new charging inquiry
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, the PRA has provided evidence to an inquiry into electric charging ...
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New car sales plummet as diesel takes biggest hit yet
Plunging diesel sales pushed the UK new car market to a decline for a seventh consecutive month in October, with 158,192 new units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Overall demand fell by 12.2% in the month, with diesel sales taking ...
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Three additional Petrocell sites transfer to Gulf
Top 50 Indie, Petrocell Holdings, has committed three more of its forecourts to the Gulf brand. The Croydon-based company has a £44m turnover and its portfolio includes 10 filling stations, nine of which are now supplied by Certas Energy. The latest sites to go Gulf are in Sidmouth and Oakford ...
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ACS welcomes decision to drop tobacco licensing
The Association of Convenience Stores (ACS) has welcomed the government’s decision not to progress with plans to introduce a tobacco licensing scheme for retailers, following a consultation last year. However, the government has warned that EU regulations to track tobacco product through supply chains could require some additional requirements for ...
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Petrol price increase on the way predicts RAC
The cost of petrol fell in October ending three consecutive months of increases, but price rises are looming large due to the oil price going above $60 a barrel for the first time in more than two years (2 July 2015). RAC Fuel Watch data for October shows unleaded petrol ...
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Jet forecourt joins in Halloween spirit with Scarecrows
A team of 25 volunteers from across Hammonds Group got into the Halloween spirit when the Jet AW&D Hammonds forecourt took part in the eighth annual Halesworth Scarecrow Festival. The team transformed an old 4x4 that was due to be scrapped into a spook-tacular Ford Model T pick-up inspired recovery ...
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Official statistics show fall in shops selling tobacco to children
The Association of Convenience Stores (ACS) has welcomed figures released by the Office of National Statistics which show a decline in the percentage of young people that get cigarettes from retailers. The report published by ONS and the NHS, looks at the prevalence of smoking, drinking and drug use among ...
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ACS warns over proposal to cut operators’ ATM income
Proposals to cut the fees paid to ATM operators could impact local shops and reduce the number of free ATMs, the Association of Convenience Stores (ACS) has warned. It was responding to a consultation from cash machine network operator Link, to cut the interchange fee, which is paid by card ...