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Tuesday 19 October 2021 9:36 am  |  Updated:  Tuesday 19 October 2021 10:54 am

Boris Johnson says supply chain shortages are due to ‘surging’ global economy

By: Stefan Boscia

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The Prime Minister Visits Bristol And Holds Ministerial Cabinet Meeting
BRISTOL, ENGLAND - OCTOBER 15: UK Prime Minister Boris Johnson visits the Rolls-Royce factory prior to a regional cabinet meeting on October 15, 2021 in Bristol, England. (Photo John Sibley - WPA Pool/Getty Images)

Boris Johnson has claimed today that the UK’s supply shortages are the result of a “surging” global economy post-Covid and not post-Brexit worker shortages.

The UK is suffering from goods shortages in some parts of the country due to shortages of key workers in a number of sectors, including the road haulage and agricultural industries.

The government has moved to issue thousands of short-term visas in a bid to abate the crisis.

The shortages, along with surging inflation and energy costs, have prompted fears that British households are in for a very tough winter.

However, the Prime Minister has said he will not open up to mass immigration to plug the gaps by hundreds of thousands of EU citizens who have left over the past few years.

Speaking at the Global Investment Summit, Johnson said: “The current stresses and strains in the supply chain are a function of a global economy surging again with demand and vaccine induced confidence.”

Other major economies are also seeing shortages of lorry drivers, such as the US, however the scale of the UK’s problem is far larger.

Johnson last week appointed former Tesco chief executive Sir David Lewis to get a grip on the UK’s supply chain issues.

More to follow

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Oil prices return to crisis levels

Close-up of a petrol pump nozzle dispensing fuel at a gas station, highlighting rising fuel costs and economic impact.

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