There are no plans to bring in the army to drive lorries to deliver fuel to petrol stations, a government minister has said, as some brands report as many as 90% of their sites running dry. The comments by environment secretary George Eustice came amid newspaper reports that the government was considering using the army
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The UK is temporarily suspending competition laws for the fuel industry to allow the sharing of information and to target petrol stations running dry around the UK as a result of driver shortages. Earlier, Business Secretary Kwasi Kwarteng met with fuel industry executives in an effort to find a way through the current supply chain
Panicked motorists have caused lengthy queues at petrol stations and caused some pumps to run dry – the latest consequence of a shortage of HGV drivers which is causing widespread disruption in the UK. The government insists the country has “ample fuel stocks” but it has not stopped long lines of cars forming after some
Panicked motorists have caused lengthy queues at petrol stations for a second day – as an industry expert predicted the “catastrophic situation” is going to get worse before it improves. Long lines of cars continued to form at forecourts across the country on Saturday after a shortage of HGV drivers forced some fuel retailers to
Octopus Energy is exploring a move to take control of Bulb, its rival challenger brand, amid the crisis in Britain’s residential energy market that has triggered a swathe of corporate casualties. Sky News has learnt that Octopus Energy is among the parties which have requested access to a data room set up by Bulb’s financial
Downing Street is on the brink of a U-turn which will allow overseas HGV drivers to plug the gaps causing emergency shortages, Sky News understands. Ministers met earlier for urgent talks on how to address the shortage – which one industry body estimated at more than 100,000 drivers – but No 10 has not yet
The transport secretary has said motorists should “carry on as normal” when it comes to buying fuel, after BP closed some of its petrol stations due to supply issues. The energy giant said tens of forecourts in its 1,200-strong network were experiencing shortages – blamed on the nationwide lack of HGV drivers – while rival
BP says it is “prioritising” fuel deliveries across its network of branded filling stations as some are hit by the national shortage of HGV and tanker drivers. The company told Sky News that “tens” of its 1,200-strong forecourts were experiencing shortages as a result of delays and it would ensure they got re-stocked first. It
The boss of Iceland has told Sky News the “array” of pressures facing the supermarket sector is a worry but there is no need for customers to panic buy in the run-up to Christmas. The grocery chain’s managing director Richard Walker, who had warned earlier this month that shoppers faced a significant increase in costs
Energy supplier Green has become the latest victim of the crisis engulfing the sector as it collapsed, blaming “unprecedented market conditions and regulatory failings”. Green, which has more than 250,000 customers and 185 staff, confirmed that it would cease trading a day after Sky News revealed that it had lined up advisers to oversee a
The government could end up giving tens of millions of pounds of taxpayers’ money to an American company to help it restart carbon dioxide production at two plants, a minister has told Sky News. Speaking to Kay Burley, Environment Secretary George Eustice said that without the “temporary” agreement with CF Fertilisers there would have been
The government has reached agreement with CF Industries to restart carbon dioxide production at its UK sites following talks between the company and Business Secretary Kwasi Kwarteng. The US firm said last week that it had stopped work at its fertiliser plants at Billingham on Teesside and Ince in Cheshire because of a surge in
Some of the UK’s biggest energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under, as soaring global gas prices throw the industry into crisis, the business secretary has told Sky News. Speaking to Kay Burley, Kwasi Kwarteng also said that the carbon dioxide shortage
As many as one-in-four UK households receive energy from providers that could face collapse as a consequence of soaring gas prices, industry sources have warned. A 250% increase in prices has exposed providers whose wholesale supplies are not “hedged” or insured against market fluctuations, meaning they can now only fulfil supply deals with customers at
UK energy company Bulb is seeking a bailout to stay afloat amid surging wholesale gas prices with Boris Johnson insisting the issues facing the industry are global. A Bulb spokesperson said: “From time to time we explore various opportunities to fund our business plans and further our mission to lower bills and lower CO2. “Like
The owner of the sushi restaurant chain Yo! will this week take a further step towards a stock market flotation that could come as soon as next month. Sky News understands that The Snowfox Group will hold a presentation for City analysts as it prepares to announce a formal intention to float in London. City
A shortage of carbon dioxide (CO2) gas means Christmas dinners could be cancelled, the owner of the UK’s biggest poultry supplier has said. A steep rise in gas prices has caused two large fertiliser plants in Teesside and Cheshire which produce CO2 as a by-product to shut, hitting supply to the food industry. Ranjit Singh
Gas supply this winter is “not a cause for immediate concern”, the UK’s business secretary has reassured, following reports that a spike in prices could threaten food production and other industries. Kwasi Kwarteng posted a series of tweets after holding meetings with senior executives from the energy industry to discuss the impact of high global
Britain’s meat industry is warning of a shortage of carbon dioxide gas without which the food manufacturing process could grind to a halt. Representatives of the industry have been in emergency talks with the government over the crisis which is a knock-on effect of the Europe-wide surge in natural gas prices. CO2 is used to
A major relaxing of travel rules for people coming in and out of England have been announced by the transport secretary. From 4 October, the current traffic light system of red, amber and green countries will be scrapped and replaced with one red list only. Travel traffic light system scrapped – follow live updates Anywhere
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