All Latest News articles – Page 243
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News
ACS calls for tougher action over shop theft
The Association of Convenience Stores (ACS) has called for a tougher stance on shop theft from police and the justice system after figures released by the British Retail Consortium revealed that the cost of shop theft across the retail sector has increased. Recently published government data also reflects this trend, ...
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Monthly price fall well short of record reports AA
Average prices dropped by 7.41ppl over the past month, according to the latest AA Fuel Price Report, but that is still some way short of the largest monthly fall, and it says oil prices will still have to fall substantially more if an average price of £1 per litre is ...
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NewsCCTV image released after £500 diesel theft
Police have released a CCTV image of a man they want to trace in connection with a substantial diesel theft at Louth in Lincolnshire. Around £500 worth of fuel was used to fill up an HGV at the Shell garage on Bolingbroke Road on December 10. The driver left without ...
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NewsEuro Garages boosts sales by nearly 50% to £646m
Euro Garages has grown sales by nearly 50% by further expanding its UK footprint and attracting new customers to its existing network. In results for the year to July 31, 2014, the Blackburn-based company saw turnover climb to £646m, a rise of 47% compared with 2013 (£439m), and profit was ...
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PRA presses for 2ppl duty cut at Treasury meeting
The PRA has met with the Exchequer secretary Priti Patel to press its case for a 2ppl cut in fuel duty funded by a tax windfall from the increased fuel volumes. At the meeting the PRA provided an analysis of Government data showing that the rapid fall in crude oil ...
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More record-breaking profits for Symonds
Top 50 Indie Symonds Forecourts Group has announced an increase in turnover in its annual results.Turnover across the group has increased by 3.9% to £37m, with EBITDA up to £888,000, a year-on-year increase of 29%.Managing director Nick Lloyd commented: "This has been another amazing year. We’ve had four consecutive years ...
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Nicolas Hamilton joins up with Jet
Jet has announced that Nicolas Hamilton, brother of the Formula One World Champion Lewis, has been appointed as the fuel brand’s ambassador for 2015.Nicolas, who has a form of cerebral palsy and is an avid racing driver and vocal campaigner for disability in motoring will also help to ...
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PRA hails volume increase
There has been a 1.5% year-on-year increase in retail and commercial road fuel volumes the first increase since 2008 according to the latest fuel statistics issued by the Department of Energy and Climate Change (DECC), driven mainly by record diesel volumes.Brian Madderson, chairman of the Petrol Retailers Association, ...
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Topaz Irish expansion
Topaz Energy has agreed a deal to buy Esso’s retail business in the Irish Republic. Under the agreement, the Topaz parent company, Kendrick Investments Ltd, will purchase the shares of Esso Ireland Ltd and its wholly owned subsidiaries, Ireland ROC Ltd and Esso Ireland Manufacturing Company Ltd.The deal covers 38 ...
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Petrol dents Sainsbury’s results
Falling fuel prices have hit Sainsbury’s sales figures hard.In its third quarter trading statement for the 14 weeks to January 3, it said retail sales were down 2.5% compared with the same period a year ago; but when fuel was stripped out of the fall was 0.4%. Like-for-like sales were ...
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News
in brief
Gulf in BP fuel card dealGulf and other Certas Energy supplied forecourts have been given access to BP’s fuel card from 1 December 2014 as the company looks to drive new business to its forecourts.New CEO for NisaNisa has announced the appointment of Nick Read as its new chief executive ...
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Tesco sales figures bolstered by filling station performance
Tesco’s filing stations are helping to boost its sales performance, according to its latest figures. The rise comes despite deflation in fuel prices over the period and its Fuel Save promotion, which it says enables its Clubcard customers to obtain the cheapest fuel in the UK.In its trading statement for ...
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MFG offers to sell site to avoid probe
MFG has offered to sell off the Murco petrol station in Hythe in a bid to avoid a full merger investigation by the Competition and Markets Authority (CMA) into its acquisition of Murco’s retail business.Last month the CMA said the deal might be expected to result in a substantial lessening ...
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Applegreen opens 50th site and plans for more
Applegreen has now grown to 50 sites in the UK following the acquisition of the lease on a petrol station in Hoddesdon, Hertfordshire.The deal means it has more than doubled the number of its UK sites since the 2013 Forecourt Trader Top 50 Indies, when it had 23 sites.Michael O’Loughlin, ...
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Fuel prices crash to autumn 2010 levels
The crash in fuel prices has accelerated with two rounds of 2ppl price cuts by the big four supermarkets in six days. Unleaded petrol and diesel prices have fallen by 21ppl and 17ppl in less than four months.On January 6, Asda announced its new national price cap was 105.7ppl on ...
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HMRC raids suspected illegal tobacco plant
HM Revenue and Customs (HMRC) has uncovered what is believed to be an illicit tobacco processing plant at a unit at a business park in New Malden, Surrey, seizing over 500kg of suspected illicit hand rolling tobacco and a number of items of processing equipment. HMRC officers raided the industrial ...
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Two Nisa conversions sends sales soaring
Kenworth Ltd, a family run forecourt operation and an early adopter of Nisa as a fuel brand with Greenergy supplied fuel, has reported a dramatic rise in fuel and shop sales at two of its sites in the North East. Wheatley Hill Service Station, County Durham, switched from Jet to ...
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Commission to look at implications of low oil price
Secretary of State for Energy and Climate Change Edward Davey is visiting Aberdeen today (January 16) for talks with oil and gas industry leaders against a backdrop of the recent dramatic slide in world oil prices. The minister is announcing that he is asking Andy Samuel, CEO designate of the ...
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NewsCameron calls for "further faster" falls in pump prices
Fuel prices at the pumps should fall “further and faster” after a significant drop in oil prices, the Prime Minister has told MPs. Speaking in Prime Minister’s Questions on Wednesday, David Cameron told MPs the Competition Authority and the Government would do everything it can to ensure the oil price ...
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NewsRural rebate could be implemented before election
Plans for a 5ppl fuel duty rebate for 17 rural areas have cleared a major hurdle, chief secretary to the Treasury Danny Alexander has announced. The European Commission (EC) has given its approval and the minister said he hoped the scheme could be implemented before the election in May, although ...