All PRA articles – Page 4
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AnalysisANALYSIS: Retailers silence the critics
The government’s competition watchdog has cleared retailers of profiteering after a review of the road fuel market, but has still ordered an in-depth investigation after it found “cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel”.
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AnalysisCOMMENT: Oil prices - who profits?
As I had to write the PRA’s response to the ‘short and focused’ Competition and Markets Authority (CMA) investigation into the retail fuel market, I thought it would be a good time to reveal some facts.
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NewsPRA launches a campaign calling for review of “unsustainable” fuel card payments
The PRA has launched a campaign to highlight the low level of fees paid by fuel card issuers, warning they are not sustainable, and has written to all six major fuel card issuers requesting they urgently conduct a review.
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NewsCWA applauds successful operation by National Crime Agency in crackdown on modern slavery
The Car Wash Association (CWA) has welcomed the National Crime Agency’s announcement to direct greater focus on non-compliant hand car washes (HCWs) to crackdown on modern slavery, which has led to a successful operation.
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NewsCMA clears retailers of profiteering on fuel but orders in-depth investigation into market
A review of the road fuel market has cleared retailers of profiteering but ordered an in-depth investigation after it found “cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel”.
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NewsSoaring fuel thefts adding to retailers’ costs in volatile market warns PRA
Fuel thefts from forecourts have shot up by nearly two-thirds this year, adding to retailers’ costs in a highly volatile market, according to the PRA.
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InterviewUNDER THE SPOTLIGHT: 20 questions for Clare Scawthorn, technical manager, PRA
The PRA’s Clare Scawthorn on her love of Canada, her great admiration for her sister-in-law and her fear of failing
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NewsMinisters don’t understand fuel pricing, says Balmer, as PRA responds to CMA review
Government ministers don’t understand how fuel prices are set, according to Gordon Balmer, executive director of the PRA, as he responded to this morning’s announcement that the Competition Markets Authority (CMA) has agreed to conduct a swift, high-level review of competition in the fuel retail sector.
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NewsBalmer slams the Government's 'radio silence' as he highlights concerns of fuel retailers
PRA executive director Gordon Balmer has slammed the radio silence from the Government, as he appeared on breakfast TV to defend the efforts by fuel retailers to keep prices as fair as possible at the pumps.
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NewsPRA refutes minister’s claim that retailers are not passing on cut in fuel duty
The PRA has refuted claims by the business secretary Kwasi Kwarteng that fuel retailers are not passing on the cut in fuel duty, made in the Spring Statement at the end of March, “in any visible or meaningful way.”
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NewsPRA urges members to review security over fears protesters may target forecourts
Petrol filling station operators are being urged to review their security after government agencies warned there is a strong likelihood that protesters may target forecourts.
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NewsPRA unveils details of its first Business Breakout event in Scotland of 2022
The PRA has announced plans for its first Business Breakout event in Scotland of 2022, which will be on Thursday May 5 in Falkirk.
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NewsPRA writes to transport secretary over “greedy petrol stations” claim
The PRA has written to transport secretary Grant Shapps urging him to acknowledge the constraints on its dealers when pricing their fuel after he claimed “greedy petrol stations” were not passing on last week’s cut in fuel duty.
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NewsTory MP tells Commons fuel prices are so high they are causing a de facto lockdown
Pressure is increasing on the Treasury to cut tax on road fuels with one Tory MP suggesting prices are so high they are causing a de facto lockdown because motorists can’t afford to refuel their vehicles.
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NewsPressure grows for fuel duty cut as high prices bring Treasury VAT windfall
Pressure is increasing on the Government to cut the rate of fuel duty as soaring prices have brought in a VAT windfall for the Treasury.
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NewsPRA backs call for cut in VAT levied on fuel as prices surge to record levels
The PRA has backed calls for a cut in VAT rates on fuel to offset rising prices, as the RAC reported new all-time highs.
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NewsPRA unveils details of its second Business Breakout event of 2022
The PRA has announced plans for its second Business Breakout event of 2022, which will be on Thursday March 10 in Kent.
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NewsPRA welcomes call from Department for Transport for ideas on low-carbon fuel strategy
The PRA has welcomed the call for ideas for the country’s low-carbon fuel strategy that was recently launched by the Department for Transport (DfT).
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NewsPRA announces details of its first Business Breakout of 2022
The PRA has announced plans for its first Business Breakout event of 2022, which will be on Wednesday March 2 in Exeter.
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NewsPRA criticises proposals to increase charges for motorists using London’s roads
Proposals to increase charges for motorists using London’s roads have been criticised by the PRA.