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Peterborough UK
08:41 on Wednesday
7 March 2001

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Positively Peterborough

Fuel crisis - businesses are suffering

Commenting on the current fuel crisis, Greater Peterborough Chamber's Chief Executive, Stephen Catchpole, said that its members had consistently complained about the detrimental effect that high fuel costs were having on their businesses. Of course, the position has worsened over the last few weeks with the dramatic rise in crude oil prices caused by a lessening in supply from the OPEC oil producers.

He went on to say that whilst one can understand and sympathise with the the feelings of frustrations and desperation of those facing business ruin which has led to direct action, it must be recognised that the current fuel crisis is already causing widespread damage to businesses in Greater Peterborough.

Without fuel supplies returning to normal quickly, firms will find that staff and materials are unable to reach them leading to lay-offs, shut-downs and longer term may result in closures.

It is imperative the crisis is resolved as quickly as possible before local business competitiveness suffer further.

September 2000




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