Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 345.90
Bid: 349.20
Ask: 349.60
Change: -14.10 (-3.92%)
Spread: 0.40 (0.115%)
Open: 359.10
High: 363.70
Low: 345.90
Prev. Close: 360.00
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE: UK says there is no fuel shortage as BP shuts some forecourts

Thu, 23rd Sep 2021 20:19

(Alliance News) - Drivers are being urged by the UK government to "buy fuel as normal", after the lorry driver shortage hit supplies.

BP PLC said a "handful" of its filling stations are closed due to a lack of fuel available, while Esso owner Exxon Mobil Corp also said a "small number" of its Tesco Alliance petrol forecourts have been impacted.

A government spokeswoman said: "There is no shortage of fuel in the UK, and people should continue to buy fuel as normal.

"We recognise the challenges facing industry and have already taken action to increase the supply of HGV drivers, including streamlining the process for new drivers and increasing the number of driving tests.

"We continue to closely monitor labour supply and work with sector leaders to understand how we can best ease particular pinch points."

Jim McMahon, Labour's shadow transport secretary, said it was a "rapidly worsening crisis" and accused the government of "never investing in or valuing working-class jobs".

He went on: "Sticking plaster solutions are not going to solve it.

"Ministers must take decisive steps now to tackle the 90,000 driver shortfall."

BP told the government in a meeting last Thursday that the company's ability to transport fuel from refineries to its network of forecourts was faltering.

BP's head of UK retail Hanna Hofer said it was important the government understood the "urgency of the situation", which she described as "bad, very bad", according to a report by ITV News.

She added that BP had "two-thirds of normal forecourt stock levels required for smooth operations" and the level is "declining rapidly".

Meanwhile, an ExxonMobil spokesman said: "A small number of our 200 Tesco Alliance retail sites are impacted.

"We are working closely with all parties in our distribution network to optimise supplies and minimise any inconvenience to customers."

A Tesco spokeswoman said: "We have good availability of fuel, with deliveries arriving at our petrol filling stations across the UK every day."

The HGV sector has been struggling with recruitment in recent months, with a combination of the Covid-19 pandemic and Brexit reducing the number of available drivers.

With test centres shut and many HGV drivers from the EU returning home during the pandemic, it has created a shortage of qualified drivers.

The issue has already hit supermarkets, with shelves half full and grocers forced to increase salaries and introduce signing on bonuses to fill gaps.

It has spread to waste collection services, with some councils cancelling bin collections as drivers have taken more lucrative jobs elsewhere.

Calls from Wm Morrison Supermarkets PLC and Ocado Group PLC for the government to add HGV drivers to its skills shortage jobs list, to allow EU workers to fill the shortfall, were investigated but not implemented following pressure from the Home Office.

BP is said to have asked the government for similar support temporarily.

Gordon Balmer, an executive director at the Petrol Retailers Association, which represents independent forecourts across the UK, said some sites are suffering from delays, particularly those in London and south-east England.

He recommended that motorists keep enough fuel in the tank to reach alternative filling stations in the "rare instance" that fuel is not available at the first one they visit.

source: PA

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

Read more
2 May 2024 17:06

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

*

Read more
2 May 2024 08:00

Ocado, Lidl and M&S are UK's fastest growing grocers, says NIQ

LONDON, May 2 (Reuters) - Online supermarket Ocado , discounter Lidl and upmarket food seller Marks & Spencer were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.

Read more
29 Apr 2024 17:13

Ocado pay policy opposed by 19% of votes cast at annual meeting

LONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million).

Read more
24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

Read more
23 Apr 2024 17:12

UK's FTSE 100 hits record peak; Associated British Foods surges

Associated British Foods jumps after forecasting growth

*

Read more
23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

Read more
23 Apr 2024 08:57

Shoppers clamber for deals as grocery inflation slows further

(Sharecast News) - UK households collectively saved £1.3bn on supermarket deals over the last four weeks, equating to £46 per household, according to fresh industry data released on Tuesday.

Read more
23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.

Read more
23 Apr 2024 08:36

TOP NEWS: Grocery inflation eases again in April despite early Easter

(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.

Read more
23 Apr 2024 08:00

British grocery inflation dips to 3.2%, says Kantar

*
Grocery inflation down for 14th straight month

Read more
22 Apr 2024 14:54

London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

Read more
22 Apr 2024 14:45

UK shareholder meetings calendar - next 7 days

Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Apr 2024 11:52

LONDON MARKET MIDDAY: Hipgnosis Songs and Tyman jump on takeover talk

(Alliance News) - Stock prices in London were higher at midday on Monday, as investors eye some key US data as attention turns away from the Middle East for now.

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