Transport secretary reports ‘very tentative signs of stabilisation’ at petrol stations – business live
Rolling coverage of the latest economic and financial news, as the UK’s supply chain crisis continues
- Latest: Grant Shapps says ‘signs of stabilisations’ in petrol storage
- Shapps: don’t fill up water bottles with fuel
- Intro: More queues and shortages at petrol stations this morning
- Petrol retailers: ‘panic buying’ continuing today
- Ellwood MP: Use army to restore public confidence
- Brent crude hits $80 per barrel, first time in three years
- Health workers should be given priority access to fuel in UK, says senior doctor
Another big transport story today: The UK government is to take over Southeastern railway services from the private operator, Go-Ahead, after an investigation uncovered a missing £25m in what it said was a “serious” breach of the franchise agreement.
London & South Eastern Railway, one of Britain’s biggest commuter networks, will come under direct public control from mid-October.
Related: Government to take over Southeastern after ‘serious’ breach of franchise
– Southeastern rail franchise nationalised
– Go-Ahead owned rail group did not declare over £25m in taxpayer funding that should’ve been returned since October 2014.
– chief financial officer resigns
– company refers itself to the Serious Fraud Officehttps://t.co/npmXVVIJ23
Transport secretary Grant Shapps says there are ‘very tentative signs’ that the fuel crisis is easing, and called on people not to take water bottles to petrol stations to fill with fuel.
“There are now the first very tentative signs of stabilisation in the forecourt storage which won’t be reflected in the queues as yet.
“But it’s the first time that we have seen more petrol in the petrol stations itself.
It’s dangerous and extremely unhelpful.
There are first “tentative signs of stabilisation” on fuel supply, says transport secretary
Grant Shapps urges people to return to “normal buying habits” and “don’t do things like bring water bottles to petrol stations, it’s dangerous and unhelpful”https://t.co/4gHzrbMHZT pic.twitter.com/5c3P7ZwPYy
UK’S SHAPPS SAYS: WATER BOTTLES SHOULD NOT BE USED IN PETROL STATIONS TO BUY FUEL
Grant Shapps:
* Fuel levels at petrol stations are showing ‘tentative signs of stabilisation’ – it will mean fewer petrol stations are closed
* People should play their part and not bring water bottles to petrol stations to fill up on fuel
Grant Shapps on fuel crisis:
‘We’re starting to see very tentative signs of stabilisation of the amount of fuel under the forecourt.
‘Although that won’t reflect in queues, it will start to reflect in coming days in fewer petrol stations being closed’
