Latest News

28 June, 2016

Fuel prices rising after Brexit vote

Wholesale fuel prices could rise by 2-3ppl tonight (June 24) following the Brexit vote in yesterday’s referendum, PRA chairman Brian Madderson has warned.

Speculation that Greenergy could about to be sold has been sparked by a report from business news outlet Bloomberg.

The winner of the 2015 Forecourt Trader of the Year Award has received further accolades, this time from the Royal Institute of British Architects (RIBA).

A promotion by Top 50 Indie Sewell on the go has raised £1,265.26 for Macmillan Cancer Support, as it marked the start of its partnership with the charity.



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Retail Insight

LOCATION: My target, the Chatham Road Service Station, is located just south of junction six on the M20 and north of Maidstone on the A229. The site is on a service road and if travelling south, drivers must go right round a busy roundabout and come back on themselves. It was okay for me as I wanted to visit the site, but it's a bit of a hassle for local drivers. To make it worthwhile, it needs to be special.

Make sure you cover your back: When Jagdish Radia rang me from Leaway Service Station in Birmingham, in late April, he had been without insurance cover for over a month: a shock-horror story if ever I'd heard one.

Some business operators do like to make life complicated. Not just for their accountants, but potentially for themselves. One way in particular is very common among small, owner-operated traders using the business as just another personal cash and bank account.

As a long-time reader of Forecourt Trader, I have read many descriptions of 'A day in the Life' of various oil industry executives. Most rise with the sun and endure a gruelling day before 'replacing the nozzle' late in the evening! I am not going to try and persuade you that my typical day is like that because, apart from anything else over the years, you master the art of knowing when to cut corners, when to let things go and when to delegate to younger and usually more skilful players.

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As Christie & Co reports on a buoyant forecourt property market, are the high prices curtailing plans to expand your service station portfolio?

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Forecourt Trader continues to maintain its market-leading position as the major source of information for the petrol-retailing sector.

Targeted at independent retailers, all those connected to the industry seek out Forecourt Trader (magazine and website) for its strong mix of news, industry and retailer profiles, as well as scheduled features that cover all categories of a service station operation at length, on both the forecourt and shop side of the business. ...more »