Billionaire petrol station tycoons Issa brothers complete £6.8bn takeover of Asda from Walmart

Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart.  The deal, which is … Read more

Billionaire petrol station tycoons Issa brothers complete £6.8bn takeover of Asda from Walmart

Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart.  The deal, which is … Read more

Rishi Sunak urged to freeze fuel duty as petrol prices rise

Rishi Sunak urged to freeze fuel duty in the March Budget as cost of petrol at the pumps rises By Mark Shapland For The Daily Mail Published: 21:51 GMT, 10 February 2021 | Updated: 21:51 GMT, 10 February 2021 Chancellor Rishi Sunak has come under increasing pressure to freeze fuel duty again as the cost … Read more

Moment petrol station worker kicks ‘shoplifter’ in the back

Moment petrol station worker kicks ‘shoplifter’ in the back before attacking him with huge stick on the forecourt Two members of staff are seen struggling with a man at a London petrol station  Mobile phone video shows the staff members removing the man from the shop  The members of staff push the man towards the … Read more

Risk of getting coronavirus from ATMs, petrol pumps and pedestrian crossing buttons is low, study

Risk of catching coronavirus by touching surfaces such as cash machines, petrol pumps and pedestrian crossings is low, scientists say Scientists swabbed the surfaces – which also included post boxes – 350 times But they detected it in only 29 samples, the equivalent of eight per cent The swabs were taken in Boston, home to … Read more

‘Green’ number plates ‘can be illegally bought by petrol and diesel owners due to checks loophole’

‘Green’ number plates meant for electric vehicles ‘can be illegally bought by petrol and diesel owners for just £20 due to checks loophole’ Transport Secretary Grant Shapps launched green number plates late last year  The plates, on sale for under £20, give drivers free access to clean air zones But the AA has found major … Read more

Asda’s petrol forecourt business to be spun off in £750m deal

Asda’s petrol forecourt business to be spun off in £750m deal as debt-fueled takeover of the supermarket nears completion EG Group is owned by investment firm TDR Capital, and Zuber and Mohsin Issa   The UK competition authorities must approve EG Group’s acquisition of Asda  AA’s Luke Bosdet: Asda ‘has been the standout retailer for fair … Read more

No £1-a-litre fuel this lockdown: Petrol prices jump 4p-a-litre in a month

Fuel prices in the last month have risen by 4p-a-litre, bringing petrol costs for motorists close to pre-pandemic levels, according to a new report. In a stark contrast to the first lockdown – when unleaded dipped to below £1-a-litre – average unleaded prices have jumped from 114.5p-a-litre a month ago to 118.91p by the middle … Read more

Tesco apologises for taking payments from petrol station customers months after they bought fuel

Tesco shoppers are stunned when supermarket debits their bank accounts for petrol station payments up to FOUR months after they filled up Shoppers who’ve incurred bank charges due to delays should ask Tesco to reimburse them, said MoneySavingExpert.com One reader told MSE at weekend they were charged £30 the previous day for petrol bought on … Read more

Cars: Smart electric parking bays could issue £70 fines when petrol or diesel cars stop in them

ICE-spy: ‘Smart’ electric parking bays could detect when petrol or diesel cars stop in them and issue £70 fines By Ian Randall For Mailonline Published: 12:27 GMT, 29 December 2020 | Updated: 12:30 GMT, 29 December 2020 Smart electric vehicle (EV) charging bays could soon be issuing fines of up to £70 to drivers misusing … Read more