All PRA articles – Page 22
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Analysis
Brian Madderson: chairman PRA
In March 2012, Bloomberg reported that a commission appointed by the G20 nations’ finance ministers called for stricter regulation of price-reporting agencies (now confusingly referred to as PRA by the media) to prevent the manipulation of oil markets. At that time, a consultation document published by the International Organisation of ...
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News
Praise for BigBrother
The latest version of the BigBrother CCTV security system, which was launched by WashTec at The Forecourt Show in April, is already making a mark on forecourt crime the company claims.The system was installed at the Thanet Way Services, where the owner George Hammond plc has recently carried out a ...
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News
PRA calls for Government action on illicit fuel
The Petrol Retailers’ Association has expressed concern over the rise in illicit fuel detections and has called on Government to take action. This week HM Revenue & Customs announced a rapid increase of illicit fuel detections. The number of detections in Great Britain have increased by a staggering 132% over ...
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News
PRA to hold forum in Wetherby
The PRA’s next Regional Forum is being held in Wetherby, West Yorkshire, on Wednesday 12th June. The event is taking place at Wetherby Racecourse, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA – Deloitte study into UK fuels market ...
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News
PRA offers EU evidence on alleged oil-price rigging
The PRA has offered to submit evidence to the European Commission on alleged anti-competitive pricing tactics in the UK fuel market. The move follows last week’s raids on three oil companies and oil market data specialist Platts, by EU Commission agents investigating allegations of oil-price fixing. In a letter to ...
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News
PRA concern over MSA fuel-price signage
The Petrol Retailers’ Association (PRA) has questioned Downing Street’s plans to force Motorway Service Areas to display the cost of fuel on road signs. Service stations were identified by the Office of Fair Trading in its report on the service station sector, published in January, which suggested that prices at ...
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News
PRA welcomes investigation on oil price manipulation
The Petrol Retailers’ Association has welcomed the move by the European Commission to investigate alleged oil price fixing by the major operators. European Commission investigators raided the offices of several major oil companies yesterday, including BP and Shell, as an investigation into price manipulation began. The Commission said it suspected ...
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News
PRA stages regional forum in Worcester
The PRA’s next Regional Forum is being held in Worcester on Tuesday 14th May. The event is taking place at the Sixways Stadium, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA – Deloitte study into UK fuels market and ...
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News
PRA informs MPs inquiry
The PRA has submitted evidence on the pressures facing independent petrol, stations to a cross party group of MPs investigating the state of the UK retail sector.The Department for Business Innovation and Skills Select Committee recently launched an inquiry into the UK retail market to question the effects regulations and ...
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News
PRA presents evidence on market to MPs
The PRA has submitted evidence on the pressures facing independent petrol stations to a cross party group of MPs investigating the state of the UK retail sector. The Department for Business Innovation and Skills Select Committee recently launched an inquiry into the UK retail market to question the effects regulations ...
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News
PRA praises decision to scrap duty increase but says cut was justified
The fuel industry has praised the Chancellor’s decision to scrap the fuel duty increase due in September.In his Budget statement, the Chancellor said he was cancelling the rise "to support motorists and businesses".The PRA chairman, Brian Madderson, said: "Taking into account the projection of RPI in the first quarter of ...
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News
PRA welcomes scrapping of duty increase
The fuel industry, campaigners and motorists have praised the Chancellor’s decision to scrap the fuel duty increase due in September. In his Budget statement the Chancellor said he was cancelling the fuel duty increase “to support motorists and businesses”. He said fuel duty will have been frozen for nearly three ...
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News
PRA calls for duty cut in Budget
The PRA is calling on Government to not only cancel the planned duty rise for fuel on 1 September, but to announce a 2 pence per litre duty cut in next week’s Budget. The PRA also advises that this reduction in duty should not be implemented until 1 April, to ...
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News
PRA wins victory over emergency planning
The PRA has won a significant victory in its campaign for the Government to overhaul the National Emergency Plan Fuels (NEPF) scheme.Under the scheme there are about 700 Designated Filling Station (DFS) sites across England, Scotland and Wales which would receive road fuels supplies under emergency conditions.However, PRA chairman ...
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News
PRA wins emergency planning overhaul
The PRA has won a significant victory in its campaign for the Government to overhaul of the National Emergency Plan – Fuels (NEP–F) scheme.Under the scheme there are about 700 Designated Filling Station (DFS) sites across England, Scotland and Wales which would receive road fuels supplies under emergency conditions.However, during ...
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News
PRA stages forum in Belfast
The PRA’s next Regional Forum is being held in Belfast on Thursday 21 March.The event is taking place at Maldron Hotel (formerly Park Plaza), Belfast International Airport, with coffee available from 10am, and a free buffet lunch will be provided.Topics on the agenda include: PRA - Deloitte study into UK ...
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News
Supermarket fuel discounts should face axe, says PRA
The initiative by the Australian Competition and Consumer Commission (ACCC) that will see supermarkets stick to helping shoppers with lower grocery pricing instead of subsidising fuel offers is music to the ears of all our small, often family-owned and run, petrol filling stations, according to Brian Madderson, chairman of the ...
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News
PRA concerned by tanker driver action
The strike threat by tanker drivers at Grangemouth oil refinery in Scotland is seriously concerning the petrol retailing industry, as echoes of the chaos caused by a similar situation last March emerge. Unite said its members at the Forth estuary facility will walk out for three days from today in ...
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News
PRA stages Forum in Oxfordshire
The PRA’s next Regional Forum is being held in Oxfordshire on February 26. The event is taking place at Oxford Witney Four Pillars Hotel, Ducklington Lane, Witney, with coffee available from 10am, and a free buffet lunch will be provided. Topics on the agenda include: PRA - Deloitte study ...
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News
Cut fuel duty and tax urges PRA
The Petrol Retailers’ Association is urging the Chancellor of the Exchequer to reverse fuel duty and tax rises in the next Budget because otherwise soaring fuel prices will stifle the economy.PRA chairman Brian Madderson said: “With pump prices set to continue rising, the Chancellor must take swift action in the ...