Reuters fuels British military gas station crisis


ছবি Photo from Reuters file: A driver walks past his tanker after completing a fuel supply at a BP filling station in Hersham, UK, September0, 2021.


By Henry Nichols and Hannah McKay

PARFLET, England (Reuters) – Exhausted British military personnel began supplying fuel on Tuesday to alleviate a severe shortage of trucks that began buying panic at pumps, although Prime Minister Boris Johnson has denied the world’s fifth-largest economy is heading for a crisis.

Global pressures from the Covid crisis have exacerbated post-Brexit labor shortages, fueling chaos through supply chains for everything from fuel and pork to poultry and bottled water, raising concerns.

Reuters military personnel were photographed driving tankers at several fuel depots in southern England, with some trainers and later delivering fuel to a gas station.

Asked by BBC radio if the UK was in crisis, Prime Minister Boris Johnson said: “No.”

Johnson said there would be no inflation of the 1970s stage and claimed that the business would begin decades of addiction to cheap imported labor.

“I think on the contrary, what you see with the UK economy and actually the global economy there is a lot of pressure and pressure in the supply chain that you would expect a huge awakening and that’s what’s happening,” he said. .

“Over the last 20 years or so, almost 25 years, what you’ve seen is an approach that has been able to do a lot of business, low-wage, low-cost, immigration for a very short period of time,” Johnson said.

There has been a climate of chaos in Britain in recent days as trucker shortages have dried up fuel pumps across the country and rising European wholesale prices have pushed energy companies bankrupt.

Many gas stations across London and southern England were closed on Tuesday, Reuters reporters reported.

Go back to the 1970s?

Johnson said Britain was not going back to the 1970s when inflation reached 22.6%, labor disputes brought the economy to a standstill and the government had to borrow from the International Monetary Fund during the Sterling crisis.

Asked if the United Kingdom could suffer a repeat of the spiral of inflation seen in the 1970s, Johnson said: “I don’t think the problem will present itself that way and I think the country’s natural logistics and supply chain are very strong.”

Fuel companies and supermarkets have been warned that a shortage of drivers is hampering deliveries, with the government saying late last month that it would temporarily overturn its immigration rules and issue 5,000 visas to EU drivers to work in Britain.

It said 300 of them could arrive immediately to run the oil tanker. Johnson said 127 drivers applied.

“What it shows is a global deficit,” he said.

The Times reported that only 27 fuel tanker drivers applied.

Disclaimer: Fusion Media I would like to remind you that the data on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and forex prices are provided by market makers rather than exchanges, and so prices may not be accurate and may differ from actual market prices, meaning prices are not indicative and suitable for trading purposes. Therefore, Fusion Media is not responsible for any of your trading losses as a result of using this data.

Fusion Media Or anyone involved with Fusion Media will not assume any liability for loss or damage as a result of relying on the information contained in this website, including data, quotes, charts and buy / sell signals. Please be fully aware of the risks and costs associated with trading in the financial markets, this is one of the potential risky investment forms.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button