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
28 Dec 2023 09:02

LONDON MARKET OPEN: China-exposed firms rise as stocks drift higher

(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.

Read more
23 Dec 2023 12:30

Poland's Orlen files Venture Global LNG arbitration case -Bloomberg News

Dec 23 (Reuters) - Polish oil and gas firm Orlen has lodged an arbitration case against Venture Global LNG which alleges that the U.S. exporter of liquefied natural gas was not honouring a long-term contract, Bloomberg News reported on Saturday.

Read more
22 Dec 2023 19:54

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

Read more
22 Dec 2023 19:29

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

Read more
22 Dec 2023 19:24

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday.

Read more
22 Dec 2023 19:20

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday. (Reporting by Terje Solsvik, editing by Essi Lehto)

Read more
22 Dec 2023 11:00

US offshore wind poised for success next year after turbulent 2023

NEW YORK, Dec 22 (Reuters) - The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.

Read more
20 Dec 2023 18:16

US Gulf of Mexico oil auction is largest since 2015

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

Read more
20 Dec 2023 17:37

US Gulf of Mexico oil auction raises $382 million in high bids

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised more than $382 million on Wednesday, the highest total for a federal offshore oil and gas auction since 2015.

Read more
20 Dec 2023 17:00

Sustainable Finance Newsletter - This time it's different for US SEC climate rules

Dec 20 (Reuters) -

Read more
20 Dec 2023 15:36

Shipping container price surge to reverse due to overcapacity -logistics platform

MUMBAI, Dec 20 (Reuters) - Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early December due to market overcapacity, the head of an online container logistics platform said on Wednesday.

Read more
20 Dec 2023 15:05

London close: Stocks rise as UK inflation slows further

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

Read more
19 Dec 2023 20:11

Norwegian Johan Sverdrup crude prices soar on Red Sea shipping issues

LONDON, Dec 19 (Reuters) - Prices for Norway's Johan Sverdrup crude soared on Tuesday, a move traders said could be linked to mounting concerns around the security of crude flows into Europe following maritime attacks by Yemen's Houthis in the Red Sea.

Read more
19 Dec 2023 19:10

US launches Red Sea force as ships reroute to avoid attacks

Crisis is spillover from Israel-Hamas war

*

Read more
19 Dec 2023 17:14

Shippers mask positions, weigh options amid Red Sea attacks

Dec 19 (Reuters) - A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis on the world's main East-West trade route.

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.