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Rishi Sunak's Budget

BUDGET: Cancellation of planned rise in fuel duty welcomed

he cancellation of a planned rise in fuel duty announced by the Chancellor Rishi Sunak in today’s Budget has been welcomed. Brian Madderson, PRA chairman, welcomed the Chancellors confirmation that fuel duty would continue to be frozen for a further 12 months – the 12th year in a row that this tax has been unchanged. ”The levy […]

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Euro Garages Takeover of ASDA

EG Group reaches agreement with single buyer for divestment of 27 sites

EG Group has confirmed that it has agreed a deal with a single potential purchaser for the 27 sites it needs to divest to satisfy competition concerns about the takeover of Asda, and its owners are reported to be planning to roll out Asda on the Move c-stores widely across its UK forecourt estate. Speaking

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MFG buys six sites from fellow Top 50 Indie AUK Investments

The number one Top 50 Indies forecourt operator Motor Fuel Group (MFG) has acquired six forecourts in the Lake District from fellow Top 50 Indie AUK Investments. Commenting on the purchase William Bannister, chief executive officer at MFG, said: “AUK is a well-respected family business in the Lake District and the six stations that we

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