Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 03/07/2022 02:49 
13.10.2021 23:56 News >> Energy, Food Crises Growing In UK, Expert Says

Energy, Food Crises Growing In UK, Expert Says

'We've seen unusual reactions like panic buying people rushing to get petrol,' Martyn James says.

Energy and food crises are growing in the UK due to soaring prices and supply chain bottlenecks in the post-pandemic period, according to an expert.
"The pandemic effectively shuts down a lot of supply chains," Martyn James, money and consumer rights expert at issue resolution service provider Resolver UK, told Anadolu Agency.
He said electronic devices that use chips are also affected since factories were shut down during the coronavirus pandemic.
The pandemic has also negatively affected shipping, James said, as he pointed out to issues arising from Brexit and its repercussions.
"So we're seeing lots and lots of problems to do with getting qualified truck drivers, for example, or people to work in factories processing chickens and turkeys and Christmas dinner, and also actually to do the harvesting," he said.
James stressed that all those factors have come into play at once in this particular time.
"This is a very worrying time for the average man or woman on the street," he said.
"We've seen unusual reactions like panic-buying people rushing to get petrol, even though there is enough petrol to go around, it's just about getting it to the pumps," he added.
James noted that the wholesale price of energy is at its highest recorded level.
"Many of our industries are reliant on electricity, and they don't have caps on to prevent firms from charging what they want. So we're looking at some situations where some businesses might actually have to shut down because it's too expensive to actually stay in production," he explained.
"Now all of this puts a big pressure on the government and its wider negotiating ability with other countries around the world, particularly at a time when we're trying to forge new trade deals. So the outlook is rather grim at the moment," he concluded.
Writing by Ovunc Kutlu in Ankara -



        Latest News
Turkish Long-Distance Runner Yasemin Can Wins Gold At Mediterranean Games 25 minutes ago...
Can, 25, crosses finish line in women's 5000 meter final in 15 minutes, 23.47 seconds.
Uzbekistan Declares State Of Emergency In Protest-Hit Karakalpakstan Region 25 minutes ago...
President Mirziyoyev says legal status of autonomous Karakalpakstan will remain unchanged.
Nadal Into 4Th Round At Wimbledon; Tsitsipas Eliminated 25 minutes ago...
2nd seeded Nadal beats Sonego; world no. 4 Tsitsipas loses to Kyrgios in men's 3rd round.
Dutch Cyclist Jakobsen Wins 2Nd Stage Of Tour De France -5 minutes ago...
Quick Step Alpha Vinyl's Fabio Jakobsen completes course in 4 hours, 34 minutes, 34 seconds.
Ferrari's Sainz Takes Pole Position For Sunday's British Grand Prix 40 minutes ago...
Carlos Sainz beats Red Bull Racing's Dutch driver Max Verstappen to take his 1st pole in his career.

 
      Top News
Anadolu Agency's Morning Briefing – July 2, 2022 Anadolu Agency's Morning Briefing – July 2, 2022
Fitch Affirms Asian Development Bank Credit Rating At 'AAA' With Stable Outlook Fitch Affirms Asian Development Bank Credit Rating At 'AAA' With Stable Outlook
Berlin-Based News Website Reveals Real Face Of YPG/PKK Terror Group Berlin-Based News Website Reveals Real Face Of YPG/PKK Terror Group
Belgian Cyclist Lampaert Wins Opening Stage Of Tour De France Belgian Cyclist Lampaert Wins Opening Stage Of Tour De France
UPDATE – Türkiye 'Neutralizes' 2 PKK Terrorists In Northern Iraq UPDATE – Türkiye 'Neutralizes' 2 PKK Terrorists In Northern Iraq
Northern Cyprus Proposes Cooperation With Greek Cypriots On Hydrocarbon, Renewables Northern Cyprus Proposes Cooperation With Greek Cypriots On Hydrocarbon, Renewables
Hull City Sign Multi-Year Contract With Turkish Midfielder Ozan Tufan Hull City Sign Multi-Year Contract With Turkish Midfielder Ozan Tufan
'A Terrible Diplomatic Defeat': Opposition Leader Tsipras 'A Terrible Diplomatic Defeat': Opposition Leader Tsipras
Euro Area Inflation To Hit New Record High Of 8.6% In June Euro Area Inflation To Hit New Record High Of 8.6% In June
Tottenham Confirm Signing Of Richarlison From Everton Tottenham Confirm Signing Of Richarlison From Everton