Press Releases

21 Results Found

PRA comments on the future of Business Rates Revaluations


“Following news that the Government has launched a consultation on the frequency of Business Rates Revaluations, the PRA is concerned that the move will be detrimental to members on the assessment of their businesses valuation and make for a more bureaucratic appeals process. This could then make it more difficult  for members to appeal their business rates,” said Gordon Balmer, Executive Director of the Petrol Retailers Association (PRA).

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PRA questions Government’s ‘access to cash’ plan


The Petrol Retailers Association (PRA) is calling on the Government to revise its plans on access to cash. Petrol retailers have a vested interest in cash and guaranteeing that it is widely accessible, we welcome provisions in the Financial Services Bill that would reduce restrictions on offering ‘cashback’. However, the legislation appears ill-thought out. It is unclear how businesses would financially benefit from offering a transactionless cashback service. There are also concerns regarding the risk of holding a large amount of cash on site.

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