Birmingham TV

Sunrise Sunset
°C
Today
27/11/2021
°C
Tonight
27/11/2021
°C
Tomorrow
28/11/2021
°C
Saturday
29/11/2021
°C
Sunday
30/11/2021
°C
Monday
01/12/2021
°C

STOCK SHORTAGES: Shoppers urged not to panic buy

Shoppers urged not to panic buy as The Office of National Statics has revealed that more than a quarter of food and hospitality firms have been hit by supply chain issues.
Shoppers have been facing empty shelves across the West Midlands with consumers being urged not to panic buy.
The Office for National Statistics (ONS) said its recent business survey has discovered that 27% of accommodation and food firms have reported lower than normal stock levels – that’s the most impacted sector.
Low stock levels were also reported by 23% of manufacturers and 25% of firms in the wholesale and retail trade, repair of motor vehicles and motorcycles industry.
The survey highlights an increasing supply chain crisis, which is leading to empty supermarket shelves however the impact is cutting across sectors including home and car building.

Greggs is the latest major chain to be hit with supply chain issues. The bakery retailer said it was seeing "temporary interruptions" in the supply of some ingredients. That announcement comes just a day after McDonalds pulled bottled drinks and milkshakes from its menu for the same reason.

Industry experts say that the ending of free flow immigration together with driver licence testing centres being closed have also added to the problem.

Nando's also recently closed 45 restaurants as a consequence of the disruption with KFC also saying some items will be missing.  Iceland's Managing Director Richard Walker has also warned the UK faces 'big shortages' of lorry drivers, threatening Christmas deliveries, he says they have seen particular lines such as bread and soft drinks impacted by supply issues.

Another survey - this time suggesting that the supply chain issues are starting to impact on the economy The IHS Markit/CIPS Flash UK Composite PMI - an early indicator of economic health - gave a reading of 55.3 for August - the lowest since February and down from last month's 59.2.

-

-

LOCAL TV


Watch Live


Watch the channel on TV

7

Freeview

195

Sky

159

Virgin Media