Mr Skou estimated that approximately 300 large container ships around the world are sitting waiting outside ports. Almost 80 of these, he added, were in Los Angeles, with a “few” outside Felixstowe and others stuck by Chinese ports including Shanghai and Ningbo.
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Rishi Sunak accused of wasting billions servicing government debt
admin, , Business, 0
“It would have been much better to have reduced the scale of short-term liabilities earlier, as we have argued...
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UK government spending on virus measures pushes debt to £2 trillion
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Image copyright Getty Images UK government debt has risen above £2 trillion for the first time amid heavy spending...
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Rail ticket office closure plan gets 100,000 replies
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Staff would be “on the concourse, enabling a conversation with customers, enabling them to assist customers, have a dialogue,...
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£23m support fund for struggling fishing firms
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Brexit: Fishing firms hold London protest over disruption
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Shoplifter: Police need to stop people like me
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Chief Constable Amanda Blakeman, the National Police Chiefs’ Council lead for acquisitive crime, said “organised crime is, of course,...
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Fed raises interest rates to highest in 22 years
admin, , Business, 0
“We think they’re at a point where the Fed funds rate is restrictive enough to slow the economy, slow...
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Mortgage rates: Average two-year fix now above 6%
admin, , Business, 0
More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Poundland moves into fresh food
admin, , Business, 0
“The cost of transportation and fuel, the cost of containers – that is double digit percentage inflation that we’re...
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