All Latest News articles – Page 418
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NewsPetrol prices set to soar to £1.20 by year end
The RAC has warned that petrol prices are set soar to £1.20 a litre by the end of the year. The organisation said that several facters were to blame, including rising oil prices, the government’s planned fuel duty hike, and the end of the lower rate of VAT. It added ...
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Shell looks at selling Ellesmere Port refinery
Shell has confirmed it is considering selling its major oil refinery at Ellesmere Port. The spokeswoman for the company said the move was part of a review of Shell’s refining business, and that if the Stanlow site was offloaded, the refinery would be sold as a going concern. She added ...
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Ministers urged to act swiftly over Ombudsman
The Association of Convenience Stores (ACS) has called on ministers to act swiftly and decisively to introduce a Grocery Ombudsman now that they have received a formal recommendation from the Competition Commission. ACS chief executive James Lowman said: “Introducing an Ombudsman is a proportionate, affordable and necessary response to the ...
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Euro Garages spends £2.3m on flagship site
Top 50 independent retailer Euro Garages has reopened its flagship site - Newtown in Skelmersdale. The forecourt, located on Railway Road, has been transformed following a major £2.3m investment. The 12-week redevelopment programme included a new Spar-branded convenience store, which now stocks fresh grocery products. It also provides Lottery, photocopying ...
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ExxonMobil backs algae
ExxonMobil Corporation plans to invest more than $600 million over the next five years on a new biofuels programme, following the announcement of its alliance with leading biotech company, Synthetic Genomics Inc. (SGI). The plan is to research and develop next generation biofuels from photosynthetic algae, which is widely believed ...
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Delay over display ban
Retailers have been given an extra three months to fight the tobacco display ban. MPs were expected to vote on the proposals last month but they were not included in the parliamentary timetable. The vote is now due to take place after the summer recess on October 12. The Association ...
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Forced to shut over biofuels
A Yorkshire retailer is planning to sell off his stock at cost price and shut down the pumps at his family business after 50 years - due to biofuels legislation. Steve Fagan plans to sell off gallons of cut-price petrol and diesel at Shiregreen Service Station in Sheffield, which has ...
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Gulf expands in west Wales with help of James brothers
Gulf has continued its growth in west Wales with retailers Andrew and Chris James. The James brothers switched to Gulf four years ago at their Siop-y-Ffrydiau site in Canarth which they developed into the area’s biggest service station and c-store, including a 3,000sq ft Nisa store. They recently unveiled their ...
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Crunch at lunchtime
The Air Ambulance had to be called to a Shell filling station after an elderly couple drove their Jaguar straight into the wall of the forecourt’s shop after filling up. The lunchtime accident happened at Shell’s Broughton Astley outlet in Leicestershire, and led to the woman passenger being airlifted to ...
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Results of this month’s online poll:
In the light of recent sharply rising petrol prices, have you been using your diesel margin to subsidise unleaded? yes 68%no 32% More than two thirds of retailers have been dipping into their diesel margins to make their unleaded prices more attractive. But how long can this situation last?
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Retirement prompts sale
Speedway Service Station, on the busy A396 between Exeter and Tiverton, Devon, has been sold by Christie & Co. Set in an idyllic rural setting in the village of Rewe, the 2.5 acre site included a petrol forecourt, car sales, two workshops and a small shop. Paul Heather, who handled ...
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Xmo Strata wins National Business Award
Sign installation and maintenance company Xmo Strata, which numbers several of the leading oil companies amongst its customers, has added to its already groaning trophy cabinet. The firm (which is based in Kent but operates across the UK) won the Health, Work and Well-being Award for small business in the ...
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ASDA drops fuel to 99.9p a litre
Asda has dropped the price of both petrol and diesel to 99.9p per litre at all its 176 forecourts. The supermarket chain made the move today, with its commerical director David Miles saying there was "no justification" for fuel to be on sale at above the £1 a litre mark. ...
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Retailers warned over shoplifting surge
Independent retailers have reported an increase in the level of shoplifting due to the recession. Many have also seen worrying rises in break-ins and credit-card fraud. According to online insurance comparator simplybusiness.co.uk, almost half of retailers (47%) said they had experienced an increase in shoplifting since the start ...
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ACS urges caution over national ID card
The Association of Convenience Stores (ACS) has urged the government to be cautious over claims that a national ID card would make a “significant difference” to preventing underage sales. ACS chief executive James Lowman said: “Retailers face a tough job preventing underage sales; this is made harder because ...
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Aldi launches first petrol stations
Aldi has launched its first petrol stations offering cut price fuel. IGD Retail Analysis reported that the three trial sites in Austria had initially been selling diesel at 52 cents a litre. The petrol stations, located in the store car parks of the discount supermarket in the Salzburg area, were ...
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Brobot opts for Londis and targets £10m sales
Brobot Petroleum has confirmed Londis as its long-term retail partner. The northern-based family-owned business - which includes fuel distribution and 21 sites in the East Midlands and Yorkshire - is expecting to achieve in excess of £10 million sales a year as a result of the deal. "We are delighted ...
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BEN bowled over by first oil industry cricket match
The first ever Motor Oil Industry Cricket Tournament was held at Lord’s, the home of cricket on Monday, June 22. In perfect conditions, three teams from the oil, petrol and forecourt industry battled it out and competition was fierce. John Lewis, Forecourt Trader’s executive director put on a star performance, ...
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Budgens boycott forces switch to Spar
Jonathan James has been forced to convert his two sites in Chatteris, Cambridgeshire, to Spar following public outrage at the opening of a third Budgens store in the centre of the town. The former Somerfield store was bought by Musgrave Retail Partners GB as part of a seven-site deal from ...