Interview with GC UK Politics Lead Analyst Joe Armitage
“Frankly, the country’s not geared up to have people buy five times as much fuel as they do in a given week, that’s just not how the supply chain works. It’s very difficult to repair it to meet that demand within a very short period of time,” Joe Armitage, lead analyst for U.K. politics at Global Counsel, told CNBC’s “Squawk Box Europe” on Tuesday.
Interview with GC UK Politics Lead Analyst Joe Armitage
Troops latest: Former member of the government’s fuel supply team and current lead U.K. political analyst at Global Counsel Joe Armitage has an insightful piece in the Telegraph explaining why Operation Escalin — drafting in the army — won’t solve fuel supply problems.
The fundamental supply problem is long-term. But there are also better, more practical short-term fixes than sending in squaddies. With petrol stations in many regions of the country exhausting their supplies, the siren calls to ‘call in the army’ have inevitably begun. The British Armed Forces have stepped up...
Interview with GC UK Politics Lead Analyst Joe Armitage
The current CO2 shortage is a perfect storm of stretched supply chains and high prices. The government could have been more prepared.[...[ Only a few details about the deal have been disclosed, though the government says the agreed sum is less than £50m and will cover production costs only.“There are reasonable questions asked about whether it’s good value for money,” says Lilah Howson-Smith at advisory firm Global Counsel.
Carbon dioxide crunch exposes fragility of food supply chain. [...] Global Counsel’s 2019 report proposed other measures to strengthen the supply chain. But little has changed, said Lilah Howson-Smith, senior associate at the group. “It has been crowded out quite a lot by other things like Brexit and now Covid. It’s just not been the priority,” she said.
The price of CO2 used to produce food and drink will be five times higher, under a deal to restart production. But there will be no "significant impact" on prices in supermarkets, the government says...
