Tory MP says supermarket shortages are in UK’s ‘long-term interest’ October 3, 2021 A Conservative MP has today said it is in the UK’s “long-term interest” for supermarkets to face crippling shortages and that he would like more local producers to be able to sell their milk in village shops. West Dorset MP Chris Loder told a fringe event at the Tory party conference in Manchester that it [...]
Supermarkets bleed sales thanks to food shortages October 3, 2021 The country’s largest supermarkets have lost out on more than £2bn sales this year so far thanks to food shortages. Leading retailers – Tesco, Sainsbury’s, Asda and Morrisons – lost out on sales during the first nine months of the year, according to data shared with trade magazine The Grocer. The sector has been hit [...]
Tesco gears up to announce interim results amid sector’s driver chaos October 3, 2021 Supermarket behemoth Tesco is expected to reveal a big share buyback programme this week, alongside setting out plans to overcome supply chain disruption. Tesco’s buyback scheme will run in parallel to its normal dividend, The Sunday Times reported, with no expected plans for a special dividend. The grocer will post its interim results on Wednesday, [...]
Boris Johnson admits UK shortages are here to stay until Christmas October 3, 2021 Boris Johnson has admitted the UK’s goods shortages will likely last until Christmas, while adding that “we need to see” a “period of adjustment” post-Brexit. The Prime Minister said today that he would not “pull the lever” of more immigration in the short-term to stop the lorry driver shortages. Petrol shortages are still being seen [...]
Fusion energy: UK looks to leverage and commercialise the low carbon power October 1, 2021 The government has set out plan of action to bring more fusion power and technology to the country today, which could help decarbonise the UK’s energy sector. The UK is looking to muscling in on a leadership position in the development of fusion energy globally, as the power does not have to rely on wind [...]
Jabs for young people set to give Britain even more protection October 1, 2021 The UK’s vaccine rollout has been a success story, allowing us to return to our normal lives. Across the country people have been enjoying catching up with friends and family and doing the things they love. The next step in the Government’s strategy for keeping us safe from Covid-19 is the roll-out of the vaccine [...]
Sainsbury’s looking to hire 22,000 people in supermarket’s biggest-ever recruitment drive October 1, 2021 Sainsbury’s is creating 22,000 seasonal jobs to help it meet higher demand around Christmas. The retail group, which also owns Argos, said it will be hiring store staff, delivery drivers and logistics workers as part of its “biggest ever recruitment drive”. Roles will be available across the UK from Friday, four weeks earlier than last [...]
Sainsbury’s recruiting for 22,000 Christmas jobs October 1, 2021 Sainsbury’s is creating 22,000 Christmas jobs, with higher numbers of staff required than usual. This represents 10,000 more roles compared to on average over the past five years, the retailer confirmed. It is looking for store staff, delivery drivers and logistics workers as supermarket bosses have warned of a rocky Christmas amid a labour shortage. [...]
Just-in-time supply chains have left us dependent and with just-not-enough October 1, 2021 In the peak of the pandemic, songwriter Justin Vernon, known as the haunting voice of Bon Iver sang a searing lyric: “You at the corner store, you were stocking up before the storm.” As we watched hours of queues at petrol stations, we were reminded once again it was those who had filled up their [...]
As UK wages soar, drivers say an expensive and chaotic Christmas is increasingly likely September 30, 2021 Truck drivers have warned that prices for everything from food to Christmas gifts will rise because an acute shortage of drivers is pushing up wages. Watch the full report.