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Zuber and Mohsin Issa
Zuber (left) and Mohsin Issa
  (Photo:  )

EG Group completes acquisition to take US estate to 1,680 sites

EG Group, parent company of Top 50 Indie Euro Garages, has announced the completion of its acquisition of the Cumberland Farms forecourt business in the US, following the deal that was agreed in August.

Applegreen branding on forecourt

Applegreen expects greater benefits from Welcome Break

Applegreen has reported the integration of Welcome Break into the business is going well and could provide greater savings than originally expected, as it published its results for the six months ended 30 June 2019.

Chris Hunt: UKPIA director general

Well, here we go again! The Prime Minister has fired the starting gun for a General Election, the sound of which has startled many people. It would seem that we have had an overabundance of politics over the past 18 months, what with the Labour party trying to sort itself out, the whole Brexit campaign resulting in the previous Prime Minister, David Cameron, resigning in July 2016 and Theresa May stepping up to the plate. There have also been local government elections and the US Presidential race that seemed to go on forever, all of which has resulted in endless media coverage and comment no wonder we are suffering from 'political brain fade'!

Charlotte Blum: analysis editor, Argus Media

The international crude and petrol markets that underlie fuel prices in UK forecourts are tightening for separate reasons, keeping prices at the pump well supported.

Charlotte Blum: analysis editor, Argus Media

Global crude oil prices are driving fuel prices at the pump, and all eyes are on Opec's attempts to raise them. There are early signs that production cuts are beginning to bite, but producers are facing an uphill struggle.

Money Talk: Looking for a light in the January darkness

Welcome to January, the bleakest of months what with the darkness and the bills arriving after that little self indulgence at Christmas. And that was just in the good times. Following the events of 2016 (think Brexit, Trump, US interest rate rise, etc), the economic outlook is the most uncertain since the financial crash of 2007/08 and the forecourt retail industry won't be immune to whatever happens to the wider economy.

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Weekly retail fuel prices: 24 February 2020
RegionDieselLPGSuper ULUL
East127.9462.00136.58124.72
East Midlands127.70137.72124.65
London128.12137.79125.20
North East125.92136.20122.89
North West126.8567.57135.95124.01
Northern Ireland124.76130.73121.98
Scotland126.97133.86123.39
South East128.6564.90139.38125.39
South West127.77135.04124.41
Wales126.67135.28123.28
West Midlands127.58140.14124.60
Yorkshire & Humber126.87137.50123.73

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Has the Government's shock announcement to bring forward the ban on the sale of new petrol and diesel-powered vehicles - as well as hybrids - to 2035 or even earlier caused concern and disruption to your future forecourt development plans?

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