What's happening? As gas stations run dry, it's not only truckers Britain's short of: bankers are in demand, too. First, the drivers dried up. Then the pumps followed. A long-running U.K. shortage of truck drivers, which had already left some supermarkets unable to fill their shelves over the summer, began to hit fueling stations, including some owned by BP and Exxon Mobil. The crisis — worsened by panic buying — caused Prime Minister Boris Johnson to cave into industry demands to issue foreign truck drivers with temporary work visas through Christmas Eve. Still, persuading eastern European truck drivers to return to the U.K. will be tricky, even though they were a mainstay of Britain's haulage sector before Brexit and Covid-19. Stung by months of changing rules, a spokesman for the Hungarian Road Transport Association said there's now "much distrust" against working in the U.K. A key concern is that drivers could be "left in the lurch" after their visa expires. Closed fuel pumps on the forecourt of an Esso petrol station in Essex, U.K. on September 27. Photographer: Jason Alden/Bloomberg For his part, the man on course to be Germany's next chancellor, Olaf Scholz, told Britain that Brexit is to blame for the trucker shortage. Higher wages might help, he said. Read More: Fuel Panic Deepens the Pain in Crisis-Prone U.K. Economy Problems are looming off the roads, too. Lobbyists at CityUK are warning of another post-Brexit skills shortage: bankers. Leaving the European Union made it harder and more expensive to hire foreign staff, adding complications to an already tight labor market across the country's supply chains, the group said. It's no calmer at sea, either. France will consult with its EU partners before after it accused Britain of violating the Brexit agreement by barring French fishing vessels from its waters. French junior Minister for European Affairs Clement Beaune said any retaliatory measures would be defined in the coming days "at the national and European levels." Meanwhile, the U.K. and EU are seeking to cool tensions over a thorny Brexit dispute related to Northern Ireland. It's hoped that weeks of upcoming negotiations will reduce the prospect of drastic action, such as trying to pull out of the protocol that's in place to maintain an open border between Ireland and Northern Ireland. And finally, about three-quarters of Scots think Brexit has gone "badly," according to polling for the Scottish National Party by YouGov. The SNP said independence was the only way to "keep Scotland safe from the long-term damage" of leaving the bloc. — Lizzy Burden We aim to keep you up to date on how the U.K. navigates the world after Brexit. Got tips or feedback? Email us at beyondbrexit@bloomberg.net or eburden6@bloomberg.net The U.K. is ending two of its pandemic-era safety net programs that pumped almost £80 billion ($107 billion) into the economy, a move that campaigners say will leave more working families in poverty and widen the gap between the rich and the poor. Over the next week, furlough support for wages that helped 8.9 million workers at peak and a temporary increase in benefits for about 6 million people are both due to finish. Together, they softened the blow of successive lockdowns and prevented a spike in unemployment. Ending the two programs piles further pressure on household finances, with growth slowing and inflation picking up. You can follow us @Brexit on Twitter, and listen to Bloomberg Westminster every weekday. Share Beyond Brexit: Colleagues, friends and family can sign up here. For full EU coverage, try the Brussels Edition. You can find all of our newsletters here, but here are some we think you'd particularly enjoy: Bloomberg is also tracking the progress of coronavirus vaccines and mapping the pandemic. Sign up here for our Coronavirus Daily newsletter and here for our podcast. Subscribe to Bloomberg.com for unlimited access to trusted, data-driven journalism and expert analysis. |
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