Homelessness: ‘Perfect storm’ for 5.3m renters as gas prices jump, furlough ends and Universal Credit is cut September 26, 2021 With energy prices rising, the furlough scheme due to end on Thursday and Universal Credit being cut a week later, a “perfect storm for homelessness” is looming for struggling renters. More than a quarter of renters already struggle to heat their homes in winter. A survey carried out by YouGov on behalf of housing charity [...]
‘You can’t just turn shopkeepers into chefs overnight’, says CBI chief September 26, 2021 As labour shortages cause disruption in a range of industries and sectors, the chief of a major industry body warned “you can’t just turn baggage handlers into butchers overnight”. Tony Danker, the director general of the Confederation of British Industry (CBI), has urged the Government to take a “practical” approach to plugging the gaps in [...]
Stop blaming Brexit for driver shortage since departure from EU has helped, says Grant Shapps September 24, 2021 Rather than being the cause of the current lorry driver shortage, Brexit has helped provide solutions to the shortages in the haulage sector, according to the Transport Secretary. Grant Shapps said those who argued Brexit was one of the factors behind the current supply shortage were “wrong”, particularly given other European nations are experiencing the [...]
Boris Johnson pleaded with me for emergency food deal, claims Brazil’s president Bolsonaro September 24, 2021 Prime Minister Boris Johnson requested an “emergency” food deal to import food from Brazil as the UK is facing shortages, according to Brazilian president Jair Bolsonaro. Bolsonaro said the request applied to one particular food item, although he declined to reveal what it was. The alleged plea came as the Prime Minister faced warnings over [...]
Ministers urge Brits not to panic buy food and fuel as shortages spread September 24, 2021 Government ministers urged Brits not to panic buy fuel and goods as the shortage of lorry drivers is increasingly hitting supplies across the UK. Yesterday, BP said a number of its filling stations are closed due to a lack of fuel available, while Esso owner ExxonMobil also said some of its Tesco Alliance petrol forecourts [...]
Government denies there is shortage of fuel amid BP and Esso closing gas stations September 24, 2021 The government is urging Brits “buy fuel as normal”, after the ongoing lorry driver shortage issue reached gas stations yesterday. BP said a number of its filling stations are closed due to a lack of fuel available, while Esso owner ExxonMobil also said a “small number” of its Tesco Alliance petrol forecourts have been impacted. [...]
British Airways ditches Gatwick after union scuppers plans for cut-price subsidiary September 23, 2021 British Airways has canned plans to launch a budget subsidiary based out of Gatwick airport and will instead pull out of the airport permanently. BA pulled operations out of Gatwick at the beginning of the Covid pandemic and had planned to relaunch there, but with a budget unit. However, the launch a short-haul subsidiary at [...]
Drill, baby, drill: Arctic set for £230bn oil and gas bonanza with JPMorgan, Barclays and Citi piling in September 23, 2021 Oil and gas companies are set to ramp up production in the Arctic by 20 per cent in the next five years, according to a new report shared with City PM this morning. The main Arctic expansionists – Gazprom, Total and ConocoPhillips – are backed by hundreds of billions of pounds from dozens of City [...]
Tesco warns of panic buying as ’empty shelves will get ten times worse’ September 23, 2021 A shortfall of 800 drivers has prompted Tesco to warn about panic buying in the run up to Christmas if the nationwide HGV crisis is not addressed. The UK’s largest supermarket also called on the Government to temporarily make it easier to bring in workers from abroad to ease the issue. Andrew Woolfenden, Tesco’s UK [...]
Global chip shortage to cost auto industry $210bn in lost production this year September 23, 2021 An ongoing global shortage in semiconductors is on track to cost the world’s automakers $210bn (£159m) in lost revenue this year, almost double that of previous estimates. Consultants at Alix Partners said that 7.7m fewer vehicles would be manufactured in 2021 as a result of the shortfall, weighing on car firms’ earnings. As the crisis [...]
