PRA HOSTS REGENERATION FORUM

Published 31/10/2013 00:00:00 in Press Releases

The Petrol Retailers' Association (PRA) hosted a Regeneration Forum organised in conjunction with the Department of Energy and Climate Change which took place on 30 October at the Royal Institution of Chartered Surveyors in Westminster.

Minister for Energy and Business, the Rt Hon Michael Fallon MP was the keynote speaker at the event. He spoke on a range of vital industry issues including business rates, the upcoming energy resilience review of UK oil refineries and government plans to support the independent forecourt sector. The Minister was keen to thank both the PRA and its members for their cooperation with his Department during recent events at Grangemouth. He also addressed issues from retailers at the event and was briefed on the current state of the retail fuels market.

The forum which was attended by leading members of the forecourt sector, professional service providers and senior Whitehall officials was an opportunity for the PRA to draw awareness to issues that are adversely impacting the growth opportunities for independent petrol retailers.

Brian Madderson, Chairman of the Petrol Retailers Association comments, “Although there is a continuing trend of closures from the independent sector, the retreat by major oil companies from the UK retail market will lead to significant growth opportunities, such that our share of UK site numbers could see a potential increase from around 60% to nearer 70% within the next couple of years.

“With over 65,000 people already employed in this sector, further growth will boost job opportunities across the UK if we can get Government onside to facilitate key changes in policy. This could see the SME’s driving the economy into even better growth whilst improving retail road fuels resilience with a sustainable network of filling stations.”

ENDS

Notes for editors:

Rupal Rawal, Communications Assistant
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk Email: rupal.rawal@rmif.co.uk

Brian Madderson is available for interview. Please contact the press office.

The Petrol Retailers Association represents some 5,500 independent forecourts which is 60% of the total UK market. A trade association committed to helping members run their businesses legally and profitably adapting to new challenges in the market place.

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