All PRA articles – Page 21
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News
AA and RAC praise cuts
Both the RAC and the AA have praised retailers for passing on savings on lower wholesale fuel prices to their customers.RAC head of external affairs Pete Williams said: "Motorists often complain that prices seem to go up far faster than they come down, but this autumn is proof that this ...
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PRA to hold forum in Somerset
The PRA’s next Regional Forum is being held in Taunton, on Wednesday 13 November. The event is taking place at The Holiday Inn Hotel, Deane Gate Avenue, Taunton, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA – update ...
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NewsMinister addresses PRA Regeneration Forum
Energy minister Michael Fallon was the keynote speaker at a forum today set up by the PRA to assess how the decline in independent forecourt operators can be arrested. The Regeneration Forum was attended by leading members of the forecourt sector, 11 MPs in addition to the minister and staff ...
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PRA to hold forum in Swansea
The PRA’s next Regional Forum is being held in Swansea, on Wednesday 6 November. The event is taking place at The Towers Hotel & Spa, Jersey Marine, Swansea, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA – regeneration ...
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NewsAA praises independents for helping to reduce prices
Independent petrol retailers have been praised by the AA for their contribution towards the biggest monthly fall in petrol prices in five years. Average petrol prices in the UK have fallen by 5.48 pence per litre (ppl) since mid-September, the biggest monthly fall since the 11.5ppl petrol price collapse in ...
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News
PRA still urges caution over Grangemouth
The Petrol Retailers’ Association is continuing to urge affected retailers to increase fuel stocks following news that the Grangemouth oil refinery will remain shut. Ineos, the operators of the refinery, have announced that it will remain shut until at least Tuesday. PRA chairman Brian Madderson said: “Although it has been ...
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News
More should be done to tackle illicit tobacco trade, urges PRA
The Petrol Retailer’ Association (PRA) today expressed concern at the release of HMRC’s Tax Gap report for tobacco, showing that the UK Treasury is losing billions of pounds a year to the illicit market. Brian Madderson, PRA chairman said: “Today’s report highlights that more needs to be done to tackle ...
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NewsPRA welcomes creation of payments regulator
The PRA has welcomed government plans for a new regulator for the payments sector, which will have the the power to amend and regulate the fees set by card companies The government has announced the creation of a utilities-style regulator charged with increasing competition in the payments services industry. The ...
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NewsRAC praises petrol retailers for passing on savings
The RAC has praised petrol retailers for passing on savings on lower wholesale fuel prices to their customers, and predicted prices could fall to their lowest level for over a year in the next two weeks. Average unleaded petrol prices have fallen by more than 5 pence per litre (ppl) ...
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News
PRA to hold forum in Farnham
The PRA’s next Regional Forum is being held in Farnham, Surrey, on Wednesday 16th October. The event is taking place at The Farnham House Hotel, Alton Road, Farnham, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA – Regeneration ...
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News
PRA concern over plain packaging
The PRA has expressed concern after new evidence emerged from Australia of the negative impact of plain tobacco packaging on retailers. PRA chairman Brian Madderson said: “Our members have had long-held concerns about the unintended consequences of this proposal. This latest report – which supports earlier research from Australia – ...
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News
PRA welcomes Chancellor’s duty freeze pledge
The PRA has welcomed Chancellor George Osborne’s pledge, in his speech to the Tory Party conference, to freeze fuel duty until the next election in May 2015, meaning that the planned duty rise of 2 pence per litre in September 2014 is unlikely to go ahead. PRA chairman Brian Madderson ...
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News
Move to ease Dartford Crossing applauded by PRA
The announcement that The Highways Agency has awarded a £367m contract to the French motorway operator Sanef, to design and deliver a new free-flow toll system at the Dartford Crossing, has been welcomed by the PRA. The crossing has been the cause of slow moving traffic and tailbacks on the ...
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News
PRA organises regeneration forum
The energy & business minister Michael Fallon will be the keynote speaker at a major forum organised by the PRA to find ways to halt the decline of the independent forecourt sector and stimulate growth. At the PRA Regeneration Forum leading industry specialists will give presentations on each of the ...
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News
PRA forecasts gradual fall in fuel prices
The sudden price hike in both Brent crude oil and UK wholesale fuel prices has thankfully receded as the likelihood of US and UK intervention in Syria subsides, Brian Madderson, PRA chairman, has reported. "This once again demonstrates the volatility of the UK’s road fuels market as traders and speculators ...
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Middle East tension stoking up price rises warns PRA
The PRA has warned that fuel prices are set to rise as tension in the Middle East continues to ratchet up. The situation has prompted speculation by traders which has in turn forced the price of Brent Crude oil to a six-month high of US$115.65/barrel. The PRA says that as ...
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News
PRA urges members to act over rural rebate
The PRA is urging retailers to respond to a request for evidence from the HM Treasury as the Government prepares to ask the European Commission for an extension to the rural fuel rebate scheme. The Treasury is asking petrol retailers around the UK to send them information relating to charges ...
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Prices on the rise again, warns PRA
Fuel prices throughout the UK are on the rise again, the PRA has warned, as global political and economic pressures take their toll on the cost of crude oil. The civil unrest in Syria and Egypt, the reduction by one third in Libya’s oil exports and the demand for oil ...
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Top indies share best practice at ACS seminar
Top 50 indies Patrick Sewell of Sewell Retail and Jeremy Clarke of Motor Fuel Group shared their philosophies on running a petrol retail business at the annual Forecourt Seminar organised by the Association of Convenience Stores and Petrol Retailers Association.Record numbers attended the event at the King Power Stadium in ...
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PRA warns about surge in prices
Prices for petrol could surge up to 140 pence per litre (ppl), with diesel rising to 144ppl, due to currency fluctuations pushing up wholesale fuel prices, the PRA has warned.PRA chairman Brian Madderson said: "The unexpected crash in the exchange rate for the Pound against the US Dollar, from US$1.58 ...