All PRA articles – Page 16
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Analysis
Brian Madderson - chairman PRA
I would not place a bet on the next movement of Brent Crude having listened to many hours of detailed presentations from some of the most experienced analysts in the industry during International Petroleum Week there are just too many variables. What is irrefutable is that OECD stocks have risen ...
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NewsSaudi Russian deal unlikely to push prices up says PRA
The PRA has rejected suggestions that fuel prices will start to rise again as a result of a deal between the world’s two biggest oil exporters, Saudia Arabia and Russia. Yesterday (Tuesday 16 February) ministers from the two countries agreed to freeze the output of oil at current levels, in ...
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News
PRA calls for business rates on hand car washes
The PRA has written to the Valuation Office Agency (VOA) protesting that it is “wilfully ignoring” a massive opportunity to levy business rates on hand car washes and that it could bring in £200m a year. PRA chairman Brian Madderson added: “If they do it by the end of ...
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NewsWeak currency could push prices up warns PRA
While the low price of oil is depressing prices at the pumps, changes in the value of sterling against the dollar could cause substantial prices increases, the PRA has warned. Brian Madderson, chairman of the PRA, commented: “There has been and will be a huge volume of column inches rightly ...
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NewsPRA slams RAC price claims
The wholesale price of petrol has risen by over 1.3ppl since the start of this week, making the RAC’s claims that prices of £1 per litre will be commonplace by Christmas increasingly unlikely. This was the message from the PRA, which said the supermarkets cutting their prices to 99.9ppl for ...
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News
PRA praises continued police funds
The PRA has welcomed the Chancellor’s announcement in his Autumn Spending Review that police budgets would be maintained. With forecourt crime costing an estimated £40m a year, petrol retailers across England and Wales have been threatened by cash-strapped police authorities that they might refuse to investigate ’drive-offs’ and other forecourt ...
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NewsPRA welcomes police budget decision
The PRA has welcomed the Chancellor’s announcement in his Autumn Spending Review that police budgets would be maintained. With forecourt crime costing an estimated £40m a year, petrol retailers across England and Wales have been threatened by cash-strapped police authorities that they might refuse to investigate ‘drive-offs’ and other forecourt ...
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NewsPRA welcomes police budget decision
The PRA has welcomed the Chancellor’s announcement in his Autumn Spending Review that police budgets would be maintained. With forecourt crime costing an estimated £40m a year, petrol retailers across England and Wales have been threatened by cash-strapped police authorities that they might refuse to investigate ‘drive-offs’ and other forecourt ...
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News
AA report praises hyper pricing policy
The AA has praised the supermarkets for keeping fuel prices low and says their policy has helped them win market share from other fuel retailers. Supermarket petrol sales between April and June this year are down only 0.2% compared to minus 4.8% for non-supermarket retailers. In its latest monthly fuel ...
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News
PRA arranges meeting in Falkirk
The PRA’s next regional forum will be in Falkirk on October 28. The “Live and Local” meeting will be at The Falkirk Wheel, Lime Road, Tamfourhill, Falkirk, FK1 4RS on Wednesday October 28, with registration at 10am. Topics that will be covered include: Market update and challenges ...
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NewsPRA slams Osborne’s rates bombshell
An announcement by chancellor George Osborne that he would abolish the current system of business rates and replace it with a system which allows local authorities to set business rates themselves has been slammed as “another bitter blow to business pragmatism" by the PRA. Speaking at the Conservative Party conference ...
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News
Industry praised for pursuit of excellence
The petrol retailing industry was praised for its relentless pursuit of new opportunities, innovation and service excellence at the Forecourt Trader of the Year Awards. Ramsay MacDonald, retail director of the event’s principal sponsor Certas Energy, told a sell-out audience that the Forecourt Trader Awards are the UK’s premier ...
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Analysis
Brian Madderson - chairman PRA
I wrote after the election to Mike Penning MP, newly appointed minister for policing, crime, criminal justice and victims at the Home Office about possible changes to police policy on forecourt crime. He replied (also offering a personal discussion): "First, I can assure you that there has been no change ...
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NewsMadderson staying on as PRA chairman
Brian Madderson has agreed to continue his role as chairman of the PRA, following a meeting with the PRA executive committee. Madderson commented: “Since 2010, the PRA has retained 90% of the top 50 independent petrol retailers in membership, with sites totalling over 3,000. Regional committees have been established in ...
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NewsPRA welcomes vapour recovery consultation
The PRA has welcomed the decision by HM Revenue & Customs (HMRC), reported by Forecourt Trader last week, to consult on changes to its current practice regarding duty on petrol derived from vapour recovery. PRA chairman Brian Madderson said: “It is positive to see that following continued persistence from the ...
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Analysis
Brian Madderson - chairman PRA
Farewell coalition and hello majority. Voters chose a Conservative Government producing a raft of new appointments and decisions critical for our industry sector. With the Summer Budget due on July 8,the PRA will be lobbying for a 2ppl duty reduction to be largely funded by the estimated windfall gain of ...
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News
PRA and ACS make submissions ahead of Budget
The PRA and Association of Convenience Stores (ACS) have both highlighted retailers’ concerns in submissions to the Chancellor, ahead of his Budget on July 8. PRA chairman Brian Madderson called for a 2ppl cut in fuel duty, suggesting that income from increased road fuel volumes would help to pay ...
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News
PRA launches new website at Forecourt Show
The PRA unveiled its new and completely redesigned website www.ukpra.co.uk at last month’s Forecourt Show. The new site is fully responsive, operating on desktop, tablets and smart phones and offers the facility to join the PRA online. It provides comprehensive details of the PRA’s ’Live and Local’ events ...
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News
PRA launches redesigned website
The PRA has launched its new and completely redesigned website at the Forecourt Show at the NEC running from April 20-22. The new site is completely new and fully responsive, operating on desktop, tablets and smart phones and offers the facility to join the PRA online. It provides comprehensive details ...
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News
PRA slams claims of profiteering
The PRA has reacted furiously and accused the RAC of an alarming lack of research after it claimed retailers are profiteering on diesel and taking high margins because much of the diesel sold goes to business users who are less price sensitive. RAC fuel spokesman Simon Williams said: "It’s hard ...