All Latest News articles – Page 259
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News
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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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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Police seeking gang after burglary in Dover
A five-strong gang travelling in a white van, who broke into a Dover petrol station and stole cash and other items including food and cigarettes, are being sought by police. Between midnight and 1am on Monday, January 19, the vehicle stopped at the Shell garage in Guston and the five ...
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JTI removes gantries after prosecutions over illegal tobacco
JTI removed tobacco gantries from Metro Food and Wine Limited in Slough and Quality Food & Wine in Reading on January 14 following prosecutions for selling illegal tobacco. Paul Williams, UK head of corporate affairs, commented: “Given the offences committed by these retailers we cannot allow the JTI display equipment ...
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Armed robbery at Edinburgh filling station
Police in Edinburgh are appealing for witnesses following an armed robbery at the BP petrol station at the Leith end of Ferry Road. The incident occurred at around 10pm on Sunday, January 18, when a man entered the premises brandishing a handgun. He threatened the lone member of staff and ...
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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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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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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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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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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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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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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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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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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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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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NFRN in talks over alliance with sub posmasters
The membership associations representing Independent newsagents and sub postmasters have held “positive” talks about forming an alliance, according to NFRN chief executive Paul Baxter. Senior representatives from the NFRN met with officials and members from the National Federation of SubPostmasters on Tuesday (January 13) to discuss the possibility of a ...
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Two arrests in Kent over large-scale fuel fraud
A man and woman from Kent have been arrested by HM Revenue and Customs (HMRC) on suspicion of being involved in a large-scale fuel fraud. It is believed that the fraud duped unsuspecting motorists and robbed taxpayers of more than £200,000 in unpaid fuel duty and VAT. HMRC officers searched ...
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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 ...
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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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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 ...