Boris Johnson news – live: PM appoints ex-Tesco boss amid supply issues as energy price cap ‘to rise by 34%’
In a dramatic escalation of government acceptance over what the retail sector faces, the PM admitted the problems are “acute” and affect businesses across the UK.
Ex-Tesco CEO Sir David has been appointed in an temporary capacity as supply chain advisor to try to ease blockages in the period up to the end of the year, in a reflection of official concern that Christmas could be spoilt by disruption to the availability of food items and gifts.
It comes amid various crises threatening the UK’s economy all at once, with fresh warnings today that millions of consumers face a massive increase of more than one-third (34 per cent) in energy prices next spring.
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