Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 460.00
Bid: 459.60
Ask: 459.80
Change: 0.00 (0.00%)
Spread: 0.20 (0.044%)
Open: 460.30
High: 463.35
Low: 458.30
Prev. Close: 460.00
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 3-'Pingdemic' grips Britain as fears of food shortages grow

Thu, 22nd Jul 2021 07:32

* British minister: We're concerned about 'pingdemic'

* Food supplies could fail, meat industry says

* Iceland closes some stores due to staff shortages

* Sainsbury's says customers may not get exact product they
want

* BP says some sites temporarily closed due to lack of fuel
(Adds Sainsbury's, BP comment)

By Guy Faulconbridge and James Davey

LONDON, July 22 (Reuters) - Britain's supermarkets,
wholesalers and hauliers were struggling on Thursday to ensure
stable food and fuel supplies after an official health app told
hundreds of thousands of workers to isolate after contact with
someone with COVID-19.

Coronavirus cases in Britain have been broadly rising for a
month, with more than 44,000 recorded on Wednesday.

British newspapers carried front-page pictures of empty
shelves in supermarkets. Reuters reporters said food items were
widely available in London shops although there were some
shortages of bottled water, soft drinks, and some salad and meat
products.

"We're very concerned about the situation," Business
Secretary Kwasi Kwarteng told Sky when asked about reports of
empty supermarket shelves in some areas. "We're monitoring the
situation."

He said he did not recognise Sky's characterisation of
"bare" supermarket shelves.

Britain's second-largest supermarket group Sainsbury's
said customers would generally be able to find the
products they want, though perhaps not every brand.

"We are working hard to ensure customers can find what they
need," said a Sainsbury's spokesperson.

"While we might not always have the exact product a customer
is looking for in every store, large quantities of products are
being delivered to stores daily and our colleagues are focused
on getting them onto the shelves as quickly as they can."

Prime Minister Boris Johnson's bet that he could reopen
England's economy because so many people have been vaccinated
has been tarnished by the "pingdemic" in which people have been
told by the contact-tracing app to isolate for 10 days.

The drastic reduction in staffing that has resulted has sown
chaos through sectors as diverse as food supplies, haulage,
supermarkets, hospitality, manufacturing and media. To avoid
disruption, many have simply deleted the app from their phones.

British ministers say the app plays an important role in
countering the spread of the virus and has allowed some workers
in critical roles to carry on working.

The country has the world's seventh-highest COVID-19 death
toll and record new infections are forecast following the July
19 lifting of restrictions in England, characterised by Johnson
as "freedom day".

But a rapid vaccination programme that has seen 87% of
adults receive one vaccine dose and more than 68% two doses
appears to have weakened the link between infections and deaths,
with daily fatalities remaining relatively low.

ON THE EDGE

Many businesses said the situation was becoming grave.

Britain's food supply chains are "right on the edge of
failing" as absence related to COVID-19 has aggravated a
critical shortage of labour, a meat industry body said on
Wednesday.

Supermarket group Iceland said it has closed a number of
stores due to staff shortages.

"We have a structural issue with (a shortage of) HGV drivers
for a variety of different reasons, but of course the pingdemic
has made it even worse," Managing Director Richard Walker told
ITV. "We are starting to see some availability issues."

Andrew Opie, director of food & sustainability at industry
lobby group, the British Retail Consortium, said the government
needed to act swiftly.

"Retail workers and suppliers, who have played a vital role
throughout this pandemic, should be allowed to work provided
they are double vaccinated or can show a negative COVID test, to
ensure there is no disruption to the public's ability to get
food and other goods," he said.

BP said it had to temporarily close a handful of
sites due to a lack of fuel, with the shortage of HGV drivers
being exacerbated by COVID-19 isolations.
(Reporting by Guy Faulconbridge and James Davey; Editing by
Kate Holton and Catherine Evans)

More News
17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

Read more
17 Jan 2024 12:10

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

*

Read more
17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

Read more
17 Jan 2024 08:33

TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

(Alliance News) - BP PLC on Wednesday said that it will buy Getec Energie GmbH as it promoted Murray Auchincloss to the role of permanent chief executive officer.

Read more
17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

Read more
17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

Read more
16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

Read more
16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

Read more
16 Jan 2024 13:13

Shell in Nigeria

LONDON, Jan 16 (Reuters) - Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.

Read more
12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

Read more
8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

Read more
8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

Read more
8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

Read more
8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.