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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Airports set to be busy after IT outages
admin, , Business, 0
Airports are expected to be busy over the weekend after massive outages hit computer systems globally. Journeys could still...
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Stay-at-home holidaymakers warned of summer products shortage
admin, , Business, 0
“A combination of Covid-19 restrictions, the backlog from the Suez Canal blockage, increasing global demand for shipping containers, disruption...
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NatWest boss Dame Alison Rose quits after row over Nigel Farage account
admin, , Business, 0
In a separate statement, Dame Alison thanked her colleagues “for all that they done”, saying: “I remain immensely...
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Final cost-of-living payment to be paid out
admin, , Business, 0
“Our data shows that the cost-of-living payments do offer some respite to people, but this is short lived. Historically...
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FTSE 100 suffers worst year since financial crisis
admin, , Business, 0
“The factors which worked against the FTSE-100 in 2020 – the pandemic, a deep recession and Brexit – will...
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‘Chaotic’ youth job scheme failing to deliver, MPs say
admin, , Business, 0
“It has given more than 130,000 young people opportunities to work, earn and improve their prospects. It responded to...
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JD Sports chairman rejects criticism of £4.3m bonus
admin, , Business, 0
It has also benefitted from an additional £25m in wage support from other countries where it operates. JD Sports...
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Homebase to put mini-garden centres at Next stores
admin, , Business, 0
So the chain is making space at its stores in Shoreham, Ipswich, Warrington, Camberley, Bristol and Sheffield, for garden...
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