The UK government has failed to end petrol shortages at the pumps, the head of a trade association for independent filling stations said Thursday, urging an independent probe. Britain has seen more than two weeks of queues and panic-buying at petrol stations, particularly in London and southeast England, partly caused by a lack of EU lorry drivers post-Brexit. "The recovery is simply not happening quickly enough," Brian Madderson, chairman of…

Prime Minister Boris Johnson said he won’t fall back on immigration to solve the UK’s truck driver shortage The UK government has struggled to show it has a grip on the crisis, with images of long queues for petrol threatening to undermine the ruling Conservative Party The government has been stung by criticism that it failed to prepare for supply shortages, but ministers grudgingly concede it is caused in part…

Almost 200 military tanker personnel will be deployed to deliver petrol to fuel stations in the UK. Earlier this week, fears over fuel tanker driver shortages led to panic buying. Demand for fuel has been stabilising and stations are stocking up, but some parts of the UK may face severe shortages.   The British army will begin delivering petrol to fuel stations on Monday after fears over tanker driver shortages…

The petrol price is expected to come down slightly on Wednesday, but diesel users can expect to pay more for the fuel. The Department of Mineral Resources and Energy (DMRE) on Monday issued fuel adjustment prices for October. The changes are: Petrol (both 93 ULP and LRP): 4 c/l decrease Petrol (both 95 ULP and LRP): 1 c/l decrease Diesel (0.05% sulphur): 22.8 c/l increase Diesel (0.005% sulphur): 22.8 c/l…

Most British people think Brexit is going badly, according to a YouGov poll. Sentiment towards Brexit has worsened in recent months, the poll said. Some commentators have suggested shortages in fuel and other goods are due to Brexit. For more stories go to www.BusinessInsider.co.za. A majority of British people think Brexit is going badly, a poll has suggested, after a summer of supply-chain issues making life difficult for many in the…

A dire post-Brexit shortage of truck drivers in Britain has sown chaos through supply chains in everything from food to fuel. Pumps across British cities were either closed or had signs saying fuel was unavailable, Reuters reporters said. The government on Sunday announced a plan to issue temporary visas for 5 000 foreign truck drivers. Up to 90% of British fuel stations ran dry across major English cities on Monday…

BP's traders lost $100 million (~R1.48 billion) in a "debacle" of a deal with a west African commodities firm, according to details from a London employment lawsuit that offers a rare glimpse into the business on the oil giant’s trading floor. BP bought crude oil and sold gasoline in a series of deals with Taleveras Energy that left the UK company exposed when Taleveras entered into insolvency procedures in 2015,…

South Africa's consumer price inflation increased to 4.9% in August, up from 4.6% in July 2021. The August CPI number is the fourth consecutive month where the annual increase in inflation is higher than the midpoint (4.5%) of the South African Reserve Bank’s inflation target range. This was in line with the median expectation of 16 economists who took part in a Bloomberg poll. Pricier petrol and diesel, as well…

Energy and chemicals company Sasol has revised its target to reduce greenhouse gas emissions by 30% for the year 2030 - up from 10% previously. This is expected to require capital spend of between R15 billion to R25 billion, according to its chief financial officer Paul Victor. The group will not be investing in new coal projects, and plans to replace coal feedstock with gas according to its new vision…

Cash is king when it comes to tipping petrol attendants in South Africa. But more and more South Africans are moving away from cash and towards contactless forms of payment. The Engen 1app now allows customers to tip petrol attendants and cashiers at Engen garages by scanning a QR code. The tip will be deposited into the worker's Telkom Pay Wallet. For more articles go to www.BusinessInsider.co.za. Motorists filling up at…