23 Sep 2021

Fuel shortages close some petrol stations, as inflation rise is predicted

Economics Correspondent

The massive hike in gas prices has already seen energy firms going to the wall.

Now the Bank of England has predicted that rising domestic energy bills will push inflation above 4 per cent.

The Bank has also downgraded growth forecasts with labour shortages and raw material supply issues partly to blame.

BP are now closing some of their petrol stations as the lack of lorry drivers is hitting fuel deliveries.