MONEY TALK: Forecourt crime - nobody is listening
As if there wasn’t enough bad news around already as we head into 2022: Covid restrictions; inflation over 5%; consumers expected to be somewhat cash-strapped; and to top all of that forecourt crime is now costing forecourts nearly £100m per year.
ACS welcomes 'landmark agreement' by major banks to ensure long-term cash availability
A landmark agreement reached between the major retail banks to share services, ensuring long-term cash availability across the UK, has been welcomed by James Lowman, chairman of the Association of Convenience Stores.
MONEY TALK: The Amazon vs Visa row over credit card fees is interesting…
When two of the biggest beasts in the retail jungle square up to each other in a very public way, everyone around takes notice.
PayPoint partners with Youlend to offer flexible funding to retailers
PayPoint has teamed up with YouLend, an embedded business finance company, to provide eligible PayPoint retailers with flexible funding offers that allow them to pay back their finance as they earn from card sales.
Retailers need to end card-only payments, say Volumatic
Cash handling solutions provider and manufacturer, Volumatic, is calling on retail and forecourt businesses to support cash as the spending limit on contactless cards rises to £100.
MONEY TALK: A rather unusual budget
The government has already had to spend vast amounts during Covid-19, and with the increase in National Living Wage and the scrapping of the pulic sector wage freeze, many economists are predicting inflation will be high next year.
MONEY TALK: It looks like we can expect a very hard winter…
From what’s going on all around us at the moment, it looks like we can expect a very hard winter
MONEY TALK: Business Rates - what now?
Nobody likes Business Rates. Some people dislike them simply because they are a tax – and any tax is to be avoided.
MONEY TALK: The brakes have come off – but how long before another lockdown?
The brakes have come off and responsibility for Covid-19 has been handed over to us – but how long before another lockdown?
HSBC congratulates Hockenhull Garages on official opening of The Stage
Banking group HSBC UK, which provided a six-figure funding package for an award-winning forecourt at Wigston, in Leicester, has congratulated the owners after its official opening.
MONEY TALK: And the beat goes on… MFG & Morrisons
No sooner had the news gone out that the Competition and Markets Authority (CMA) had cleared the Euro Garages tie-up with Asda, than reports of a similar prospective linkage began to surface: this time in the form of a bid from the owners of Motor Fuel Group (MFG) to buy the Morrisons supermarket chain.
MONEY TALK: Back to ‘normal’ then… or is it? But there maybe some wins for forecourts
Back to ‘normal’ then… or is it? It seems we are still a long way from those pre-Covid days, but there maybe some wins for forecourts
MONEY TALK: Asda acquisition - the watchdog wasn’t asleep after all
We’ve looked at the acquisition of Asda by EG Group owners Mohsin and Zuber Issa, and TDR Capital (and subsequent acquisition of the Asda forecourt network by EG Group), a few times since it was first announced last Autumn.
Government’s access to cash commitment must be honoured, says ACS
The Association of Convenience Stores (ACS) has called on the Government to take urgent action to ensure long-term access to cash and to provide local shops with support in order to continue providing this service to their customers.