All Latest News articles – Page 226
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News
Service station provides village post office
A Yorkshire village post office has transferred to the local service station after the existing postmaster retired. Richard Horseman ran the post office in Strensall village near York for 28 years and when he announced his retirement, retailers Maggie and Pete Wilson stepped forward to save the service. The new ...
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£6.5m paid for a pair of forecourts
More than £6.5m has been paid for the freehold of two forecourts. Harmsworth Pooled Property Unit Trust, advised by Helix Property Advisors, has acquired the freehold investment of the petrol filling stations and convenience stores, in Hemel Hempstead and Roehampton, London SW15, from companies advised by Avignon Capital Limited and ...
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MRH acquired by US private equity firm
MRH, the biggest independent service station owner and operator in the UK, has been bought by a US private equity firm Lone Star. The deal closed on January 26 for an undisclosed sum having received approval from the European Commission under EU Merger Regulations. The accompanying statement said: "The companies’ ...
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Retail margins being squeezed as price of diesel is pushed down by supermarkets
Retail margins on petrol have fallen, according to the AA, and prices have continued to fall. In its latest AA Fuel Price Report, it says: "AA research finds that during the periods of early 2014, early 2015 and late 2015, subtracting the cost of wholesale, ethanol and tax from the ...
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BP renews its membership with BOSS
BP Oil UK has renewed its membership of BOSS and its Payment Watch scheme for all its company-owned retail fuel sites for this year.BP Oil UK Ltd operates more than 320 company-owned sites and has been a member of BOSS and its Payment Watch scheme since it was introduced in ...
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in brief
Inquiry averted MRH has avoided an inquiry into its acquisition of 78 service stations from Esso after the Competition and Markets Authority (CMA) accepted undertakings by the company. The CMA said it was concerned about areas of Brighton and Cambridge where MRH had acquired Esso sites and the next nearest ...
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Funding to drive charging growth
Four cities have been awarded significant funds to promote green vehicle technology after successfully bidding for a share of a £40m scheme created to support the take-up of plug-in electric cars across the UK. Transport secretary Patrick McLoughlin announced the winners of the Go Ultra Low City Scheme, including Bristol, ...
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News
chris Hunt
As I write this column, the sad unravelling of Tata Steel is taking place on our TV screens, newspapers and radio. In the day-to-day advocacy that UKPIA undertakes, we often bump into the trade associations representing the steel, ceramics, glass, cement, chemicals and other energy-intensive UK industries.All of us have ...
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Lidl denies plans for fuel
Lidl’s purchase of an Esso site in Balderton, Nottinghamshire does not signal its entry into the UK forecourt market.A spokesperson for the discounter confirmed the intention was to demolish the filling station to make way for a supermarket.Last year Lidl demolished a Co-op Food Store on an adjoining site and ...
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Store doubled in size at Spar site
A £300,000 expansion project at a Spar forecourt store near Bristol Airport has been completed following a co-investment scheme between owner Justin Taylor and Appleby Westward, the regional distribution company for Spar stores in the south west. The store, at Littleton Mills, near Winford, has doubled in size."The redevelopment has ...
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Euro Garages doubles profits
Euro Garages turnover was up 26% to £816m for the year to July 31, according to accounts just filed at Companies House, and pre-tax profit more than doubled to £34.8m compared with £15.3m the previous year. Early in the year covered by the accounts, Euro Garages completed the acquisition of ...
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Last year saw seismic shift in site ownership
The forecourt sector in 2015 saw the conclusion of a seismic shift in ownership that has seen oil companies divesting assets and tying purchasing independents into supply agreements, according to Steve Rodell, managing director of the retail division of property specialist Christie & Co.In the company’s latest business outlook, ’The ...
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Tobacco smugglers jailed for 30 months
Two men, who were caught with a van containing half a million illicit cigarettes just a week before going on trial for an almost identical fraud, have each been jailed for 30 months after they were investigated by HM Revenue and Customs (HMRC). Haulage firm owner Stephen McDonough, 58, and ...
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Hospital treatment for worker after confrontation over car wash
Lincolnshire Police are appealing for witnesses to an altercation that left a car wash worker requiring hospital treatment. At approximately 1.25pm on Saturday 23rd January, a female in a silver Audi TT had her car cleaned at the car wash in the car park of the Asda store in Boston. ...
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Arrest after knifeman robs forecourt
A man has been arrested in connection with an armed robbery at a petrol station in Barton, North Lincolnshire. The incident happened at shortly before 9pm on Wednesday, January 27, when a man in a motorcycle helmet walked into a petrol station in Ferriby Road and made a small purchase. ...
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Move to strengthen alternative fuels in the capital
Transport for London (TfL) will be working to improve the alternative fuel infrastructure as part of a new five-year industry-led programme to reduce the emissions of London’s freight and fleet operators. The programme will work across the industry to increase the availability and uptake of low emission vans and lorries. ...
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Asda says fuel price is never below cost
Asda has stated it has a petrol pricing policy that it will not trade below cost, as part of a planning application for a new petrol filling station at the Asda store in Fleetwood, Lancashire. Acting on behalf of Asda, Deloitte is seeking permission from Wyre Council for a fully ...
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Burglars steal cash from Scottish site
Police in Scotland are investigating following a burglary at a petrol station near to the Tay Road Bridge. The Abercraig Shell petrol station on the A92 near to the Forgan roundabout was targeted just before 3am on Thursday January 28 and a three-figure sum of cash was taken. The station ...
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Certas-owned Gulf sites raise funds for charity
Customers and employees at Gulf forecourts across Glasgow, owned by Certas Energy, donated almost £2,500 during December 2015 to Yorkhill Children’s Charity, which raises funds to support the babies, children and young people treated at the Royal Hospital for Children, Glasgow (formerly Yorkhill Hospital). Donating funds to Yorkhill Children’s Charity ...
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NewsTwo more Essar-branded sites opened
Two further forecourt sites have transferred to the Essar brand following its debut in November at a site owned by Top 50 Indie HKS at Coalville in Leicestershire. Both are nearer the oil company’s Stanlow Refinery in Cheshire. The second site was launched in association with S & S Station ...