All Latest News articles – Page 440
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NewsMajor fuel furore rocks the industry
The national furore over contaminated fuel last month could become the worst debacle over fuel quality since Formula Shell was removed from sale in the ’80s, according to the PRA’s technical consultant, Peter Barlow."It could turn out to be the biggest in the sense that Formula Shell was a more ...
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Increased funding and new chairman for Torex
A new chairman and £15 million–worth of increased bank funding have been announced by Torex plc, as it moves to get back on track following its recent well-publicised problems. Steve Marshall has been appointed to the main board with immediate effect as non-executive chairman. Marshall was formerly CEO of both ...
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CADBURY RECALLS EASTER EGGS
Cadbury has been forced to recall a selection of its Easter lines because they do not carry the correct nut allergy labelling.The products being recalled were made on a production line that also manufactures products containing nuts, but do not carry a warning for nut allergy sufferers.This latest recall follows ...
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GREEN HEALTH CHECK FOR CARS
Drivers are being offered a free environmental health check on their cars as part of BP’s ‘targetneutral’ scheme.The Green Light check for petrol cars is available at 250 Kwik-Fit MOT centres nationwide until March 3rd and aims to help drivers reduce emissions through a quick four-point check on exhaust emissions, ...
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TOREX REASSURES RETAILERS
As the investigation into retail systems provider Torex Retail continues, the company’s Petroleum and Convenience (P&C) division has maintained its ‘business as usual’ stance.The latest corporate developments have seen Keith Taylor, a turnaround expert who’s previously worked for the NHS and software group Morse, appointed as acting chief executive. The ...
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BP DENIES CHIP AND PIN FRAUD
BP has dismissed claims that a credit card scam at a Surrey petrol station is linked to its Chip and PIN terminals.Motorists have reported finding fraudulent international debits on their bank statements after paying by Chip and PIN at the site in Redhill, with at least 20 customers believed to ...
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WATER RESTRICTIONS LIFTED
South East Water is ending its hosepipe ban, despite warning of the possibility of another hot summer.David Shore, the company’s director of assets, said: “With the recent rainfall now starting to refill our key underground sources, we are more confident of being able to meet demand for water if we ...
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Curb rogue washers says ACS
Greater enforcement of existing car wash regulations is being demanded of the government by the Association of Convenience Stores. Chief executive, James Lowman, said: "There needs to be greater enforcement against rogue operators who regularly flout environmental and health and safety laws."His comments follow the huge growth of unregulated hand ...
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Owner told to clean up his act
In the first case of its kind in Northern Ireland, a Hollywood filling station owner has been fined £2,000 and ordered to pay compensation of £3,500 to a motorist under the Clean Air Act.Gavin Joseph Vallely of Craigantlet Filling Station was found guilty of two charges after a customer complained ...
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Forecourt property boom continues
Growth in forecourt property values has more than doubled in the past year, according to agents Christie & Co.Average retail property values rose by 5.9% in 2006 - down from 7.9% in 2005, the company reported. But the forecourt sector easily out-performed this, recording double-digit percentage growth, said Allen Shepherd, ...
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In brief
BP has agreed to sell its Coryton Refinery to Petroplus Holdings AG for $1.4bn, subject to required regulatory approvals. The two companies have also entered into a long-term supply agreement which will provide BP’s UK-based retail and other businesses with the products they require.Bioethanol company Green Spirit Fuels has secured ...
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NewsRetailers fret as Torex crisis builds
Anxious retailers have demanded reassurance from retail systems provider Torex Retail after it became the subject of a Serious Fraud Office investigation this week. The Oxfordshire-based company suspended dealing in its shares following a shock dire profits warning. And as Forecourt Trader went to press, news came that chief executive ...
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NewsXmo Strata calls for tougher canopies
Sign installation and maintenance specialist Xmo Strata has called for sign and canopy manufacturers to make forecourt signs more robust in the wake of a two-month spell of abnormally high winds during which a 58-year-old man was killed when a canopy on a Sainsbury’s forecourt in Lancashire fell on him. ...
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Commission goes local for latest look
As the Competition Commission’s investigation into the grocery market moves on to local retailing issues, PRA boss Ray Holloway has admitted he’s pessimistic about the results. "My money is firmly on the CC deciding that the general offer by all supermarkets is competitive and beneficial to communities, and as a ...
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GROCERY INQUIRY GOES LOCAL
The Competition Commission is to focus its attention on local markets for the next stage of its inquiry into the UK’s grocery industry.The ‘emerging thinking’ report published today (January 23rd), has identified areas for further investigation. These include closer analysis of the supermarkets’ buying power and relationships with suppliers, and ...
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DRIVER KILLED BY FALLING CANOPY
A 58-year-old man died after a petrol station canopy fell and hit him as he refuelled during last week’s storms.The incident happened at a Sainsbury’s forecourt in Bamber Bridge, Preston, Lancashire, on Thursday (January 19).Signage installation company Xmo Strata reported extensive damage at petrol stations across the UK during the ...
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EMERGENCY SIGN CREWS IN ACTION
Emergency crews from sign installation company Xmo Strata have been called out to petrol stations and retail stores across the country, to make damaged signs safe in the teeth of the storms. By mid afternoon today (January 18) 20 crews were at sites strung out across the south coast and ...
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News review 2006
January The year started with the aftermath of the Buncefield oil depot disaster and a question mark over whether the terminal would ever be rebuilt. Greenergy International started construction of a £13.5m biodiesel product plant in Humberside.February Fuel supplies were back on track after the final quarter of 2005 dealt ...
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NewsIFFE 2007 scores oil company hat trick
Three oil companies will be exhibiting at IFFE 2007 - Gulf Retail is returning to the show while Murco and Pace Petroleum are both new exhibitors.In a glowing commendation for the show, Gulf Retail managing director, Keith Jewers, said IFFE was "the most prestigious show of its kind" and was ...
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NewsNew Year coming of age on tobacco
Forecourt retailers have broadly welcomed the government’s New Year’s Day announcement that the legal age for buying tobacco products will be raised from 16 to 18 from October 1, 2007, saying the higher age limit will be easier to enforce. The reaction comes despite the Association of Convenience Stores (ACS) ...