play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
chevron_left
volume_up
chevron_left
  • cover play_arrow

    Rother Radio (128k) Love Local, Love Music!

  • cover play_arrow

    Rother Radio (64K) Love Local, Love Music!

  • cover play_arrow

    Hit Music Radio (128K) More Music Variety!

  • cover play_arrow

    Hit Music Radio (64K) The Best Variety of Hits!

Business News

PM says energy crisis is a ‘short-term problem’ and dismisses risk of Christmas disruption

today21/09/2021

Background
share close

The prime minister has described Britain’s energy crisis as a “short-term problem” and said he does not think there will be disruption to food supplies at Christmas.

Speaking to Sky News political editor Beth Rigby in New York, Boris Johnson said: “There is a short term problem caused by the hydrocarbon price spike, the gas price spike, caused basically by the huge demand in Asia.

“The market is going to start fixing it, but in the meantime the government will do everything we can to help people, to help fix it, to make sure that we smooth things over.”

Please use Chrome browser for a more accessible video player

Business secretary: ‘Challenging days ahead’

He described it as a “function of the global economy waking up after a long state of suspended animation” due to the COVID-19 pandemic.

Soaring global gas prices have thrown the industry into crisis, with warnings that a number of energy companies could go bust in the weeks to come.

Meanwhile, the energy price cap is set to rise from next Friday to £1,227, a record level.

This means many families will face a double whammy of rising energy bills and the end of the £20-a-week uplift in Universal Credit next month.

More from Politics

Mr Johnson’s comments come after one of his ministers acknowledged earlier that hard-pressed families will face a “difficult winter” as a result of these two factors.

Business Secretary Kwasi Kwarteng said he had spoken to cabinet colleagues, including Chancellor Rishi Sunak, about the pressures confronting households.

Mr Kwarteng told Sky News earlier that 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.

The energy crisis is having a knock-on effect in other areas.

Food producer Bernard Matthews warned Christmas dinner could be “cancelled” in the wake of two large fertiliser plants, which produce CO2 as a by-product, shutting due to the sharp rise in gas prices.

CO2 is used to stun farm animals before slaughter as well as in the vacuum packing process, with the development also prompting warnings that shoppers could start noticing shortages in poultry, pork and bakery products within days.

It prompted warnings that shoppers could start noticing shortages in poultry, pork and bakery products within days.

However, as the PM was speaking in New York the government announced it has reached an agreement with CF Industries to restart carbon dioxide production at its UK sites.

And asked about potential disruption to Christmas, the PM replied: “I don’t think we’re going to have any problems on that scale.”

Mr Johnson said “Christmas is on” and stressed Britain’s supply chains are “very secure”.

 Sky News

© Sky News 2021

Written by: Rother Radio News


Previous post

World News

More than 1,200 Afghans eligible for UK didn’t make evacuation flights, defence secretary says

More than 1,200 people - made up of hundreds of Afghan interpreters and their families - remain in Afghanistan as they were unable to get an evacuation flight out, the defence secretary has revealed.Ben Wallace said there are 260 interpreters who worked for the British and were security checked, but never made it onto flights out of Afghanistan after the withdrawal of troops on 30 August. "There are 260 principles […]

today21/09/2021