Rishi Sunak has said that presents will be available to buy at Christmas despite the supply chain crisis but appeared to rule out helping businesses with rising fuel costs.
The chancellor blamed the delays on global factors and said that “it’s not the government’s job” to intervene by managing the price of individual products. He said he was confident that shelves would be stocked during the festive period.
Speaking after a G7 meeting in Washington, where finance ministers agreed to work together to resolve the crisis, Sunak said that the government was doing everything possible to shorten the delays. Asked if he would accept some companies going out of business, Sunak said he believed in a market economy and admitted that the government “couldn’t fix every problem”.
His comments came after Felixstowe, Britain’s largest commercial port, said yesterday that the supply chain crisis had caused heavy congestion. A typical shipping … Read more