All Latest News articles – Page 29
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News
PRA warns there could be forecourt closures
Petrol filling stations could be forced to close because the financial pressures caused by coronavirus will render them unviable, the PRA has warned. It came as figures released by the Department for Business, Energy & Industrial Strategy (BEIS) showed a massive fall in fuel sales.A survey covering nearly 60% of ...
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News
in brief
New bio-cng stations openTwo new biomethane compressed natural gas (Bio-CNG) stations, including one claimed to be Europe’s largest, have been opened by CNG Fuels. The company claims demand for renewable Bio-CNG, as an alternative to diesel for HGVs, has soared 800% since 2017, and is set to more than double ...
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BP pledges no redundancies for next three months
BP has made a commitment not to make any staff redundant in the next three months as a part of the cost-cutting measures it is implementing to deal with the coronavirus.In a statement about the actions it is taking to deal with the situation, it said: "Job security is a ...
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News
Ascona buys Dorking BP Service Station
Fast-growing Top 50 Indie Ascona has added another acquisition to its estate. Assisted by Forecourts 4sale, it has bought the lease of Dorking BP Service Station for an undisclosed sum from husband and wife Mike and Kim Prior, who were looking to retire.The forecourt has four pumps, a car wash ...
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News
PRA accuses supermarkets of anti-competitive pricing
The PRA has accused supermarkets of anti-competitive pricing after Morrisons and Asda slashed their fuel prices, with 12ppl off petrol and 8ppl off diesel. Asda said the cuts would mean drivers would pay no more than 102ppl for petrol and no more than 108ppl for diesel, and that it was ...
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Applegreen still confident about long-term growth
The chief executive of Applegreen has said he is confident the business can achieve long-term growth, despite any uncertainty caused by the coronavirus pandemic, and revealed how it is affecting the company in the short term.Unveiling the group’s results for 2019, Bob Etchingham said: "We are highly conscious of the ...
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News
Oldbury Hill takes NTS Retail’s site number to 15
Top 50 Indie NTS Retail has purchased its 15th site in a deal arranged for the vendor by Christie & Co.Oldbury Hill Garage in Didmarton in Gloucestershire, has been owned and operated by the Butler family since 1973, and comprises a forecourt, a convenience store and a flat above it.The ...
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Over 100 ’Electric Forecourts’ to open this summer
Gridserve has announced that the first of a national network of over 100 ’Electric Forecourts’ is under construction and will open this summer, offering "convenient, ultra-fast, low-cost charging, with an outstanding customer experience".The new Electric Forecourt is being designed to charge up to 24 EVs at once with 350kW ...
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NewsKnife-wielding robber strikes at forecourt store in Suffolk
Police are appealing for witnesses after a man with a knife robbed a forecourt store in Suffolk.The incident occurred just after 6am on Thursday 2 April, at the Esso Service Station in Combs Ford, Stowmarket. Officers were called immediately after the incident took place, arriving at the scene within minutes.They ...
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NewsMurder victim found fatally wounded on Coventry forecourt
West Midlands Police have named a teenage murder victim, who was found fatally wounded on a forecourt, as his family appealed for anyone with information to contact detectives.Pavandeep Daudher, aged 19, from the Holbrooks area of Coventry, was found with a stab wound to his leg at the BP petrol ...
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NewsMadderson urges Chancellor to give dealers three months credit
PRA chairman Brian Madderson has written to the Chancellor Richi Sunak urging him to introduce an emergency three-month credit line for fuel retailers and warning many will be forced to close without it. He added that the news of major oil producers planning to cut their output will quickly impact ...
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NewsCoronavirus lockdown sparks big reduction in forecourt crime
The British Oil Security Syndicate (BOSS) has recorded a significant reduction in forecourt crime reports during the first full weekend of the coronavirus lockdown.The news comes as BOSS releases the results of the latest Forecourt Crime Index covering the final quarter (Q4) of 2019 which reported that forecourt crime continued ...
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NewsACS lists financial support available for retailers
The Association of Convenience Stores (ACS) has collated the business rates and cash grant support measures that have been made available for retailers in England, Scotland and Wales in response to the coronavirus outbreak.In England the funding that has been made available is: Small Business Grant Fund - £10,000 one-off ...
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NewsPenny Petroleum adds to estate with Northumberland acquisition
One of the leading Top 50 Indies, Penny Petroleum, has added to its estate with the acquisition of Stannington Service Station in Morpeth, Northumberland.The deal was arranged by Christie & Co, which acted for its retained client Penny Petroleum, and follows another smaller acquisition of Gillens Filling Station in Hartlepool ...
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NewsRAC records largest monthly fall in petrol prices for 12 years
Average UK petrol prices fell by their largest margin in 12 years in March, triggered by a collapse in the world oil price, new RAC Fuel Watch data shows. The price of a barrel of crude oil began the month at more than $50, but by the end of March ...
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News“Heavy-handed” officials try to stop c-stores selling Easter eggs
Convenience stores selling Easter eggs are facing interference from “heavy-handed” officials trying to restrict the range of goods they can sell under coronavirus curbs, according to the Association of Convenience Stores (ACS).Some stores have been told by police and local council officials that the chocolate eggs are considered non-essential goods.ACS ...
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NewsPRA warns filling stations may be forced to close as sales dry up
Petrol filling stations could be forced to close because the financial pressures caused by coronavirus will render them unviable, the PRA has warned. The warning came as figures released by the Department for Business, Energy & Industrial Strategy (BEIS) showed a massive fall in retail fuel sales. A survey covering ...
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NewsBP pledges no redundancies for three months due to coronavirus
BP has made a commitment not to make any staff redundant in the next three months as a part of the cost-cutting measures it is implementing to deal with the coronavirus.In a statement about the actions it is taking to deal with the situation it said: “Job security is a ...
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NewsLowCVP highlights tax benefits of zero-emission company cars
New car tax regulations coming into effect this week will make zero-emission and some ultra-low emission company cars far more attractive, according to the Low Carbon Vehicle Partnership (LowCVP).From 6 April drivers of zero-emissions models will now pay no benefit-in-kind (BIK) tax whatsoever, down from 16% currently. On smaller electric ...
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NewsBroxbourne Service Station lease sold after retirement of owners
The lease of Broxbourne Service Station in Broxbourne, Hertfordshire, has been sold in a deal handled by specialist business property adviser Christie & Co.Comprising a service station and convenience store, the business is in a residential area off the busy on the High Road Wormley A117, between Chestnut and Broxbourne, ...