Don’t panic buy for Christmas, Britain says after port chaos

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Stock Markets21 minutes ago (Oct 13, 2021 03:02AM ET)

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(C) Reuters. FILE PHOTO: Co-Chairman of Britain’s Conservative Party, Oliver Dowden, gestures as he speaks during the annual Conservative Party conference, in Manchester, Britain, October 5, 2021. REUTERS/Phil Noble

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By Sarah Young and Guy Faulconbridge

LONDON (Reuters) -Britain said on Wednesday that people should buy normally for Christmas and that there would be no shortage of gifts after shipping containers carrying toys and electrical goods were diverted from the country’s biggest port because it was full.

Maersk, the world’s largest container shipping company, has diverted some vessels away from Felixstowe port in eastern England because there is nowhere left to stack containers at the port amid an acute shortage of truck drivers.

“I’m confident that people will be able to get their toys for Christmas,” Conservative Party Chairman Oliver Dowden told Sky when asked about problems at Felixstowe port. He said he was sure Christmas gifts would be delivered this year.

Dowden, who is a cabinet minister without portfolio in the Cabinet Office, said the situation was improving at the port and that the issues facing the world’s fifth largest economy were global – such as a shortage of truckers and port congestion.

“The situation is improving,” Dowden said of the situation at Felixstowe, which handles 36 per cent of the country’s containerised freight.

When asked whether or not people should start to buy now for Christmas, he said: “I would say just buy as you do normally.”

Don’t panic buy for Christmas, Britain says after port chaos

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