Pumps at a BP petrol station in Grangemouth, Scotland, on Monday. Photo: PA
Pumps at a BP petrol station in Grangemouth, Scotland, on Monday. Photo: PA
Pumps at a BP petrol station in Grangemouth, Scotland, on Monday. Photo: PA
Pumps at a BP petrol station in Grangemouth, Scotland, on Monday. Photo: PA

UK demand for petrol should ease in ‘coming days’


Soraya Ebrahimi
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  • Arabic

Demand for petrol in the UK should return to normal levels in “the coming days”, the fuel industry said, as ministers again appealed to motorists to stop “panic buying”.

Leading suppliers, including BP, Esso and Shell, said that with many cars now carrying more petrol than usual, pressure on filling stations should start to ease.

Earlier, British Prime Minister Boris Johnson withdrew from plans to send in troops to deliver fuel to petrol stations as Downing Street said there were “ample” supplies.

The petrol companies issued a statement released by the Department for Business, Energy and Industrial Strategy, urging drivers to return to normal buying patterns.

“There is plenty of fuel at UK refineries and terminals, and as an industry we are working closely with the government to help ensure fuel is available to be delivered to stations across the country,” they said.

“We would encourage everyone to buy fuel as they usually would.”

The appeal came after many filling stations ran dry as drivers made a dash for the pumps amid fears that a shortage of tanker drivers would hit supplies.

Mr Johnson was reported to be considering activating Operation Escalin, originally drawn up to deal with Brexit, in which troops would drive tankers.

But his official spokesman said there were no plans to use the military, beyond assisting with the drive to reduce the backlog of tests for lorry drivers.

“Obviously we will continue to look at all options and make sure preparatory steps are taken across government should further measures be needed,” the spokesman said.

“We are not currently bringing in the military to drive tankers.”

Environment Secretary George Eustice, meanwhile, blamed motorists for the long queues at petrol stations, not a shortage of fuel.

“There isn’t a shortage," Mr Eustice said. "The cause of these current problems is that panic-buying episode and the most important thing is for people to start buying petrol as they normally would.

“There does come a point, as we saw during a previous episode of panic buying during the pandemic on food, where things settle down and people get used to it and return to life as normal again.

“The sooner people do that the better. The only reason we don’t have petrol on the forecourts is that people are buying petrol when they don’t need to.”

Despite the reassurances, doctors urged ministers to give healthcare staff priority access to fuel.

Dr Chaand Nagpaul, chairman of the British Medical Association, said essential services could be affected if staff could not get to work because they were unable to fill up.

“Everyone will have their own reasons for needing to fill up, but as pumps run dry there is a real risk that NHS staff won’t be able to do their jobs and provide vital services and care to people who urgently need it,” Dr Nagpaul said.

“Healthcare and essential workers must therefore be given priority access to fuel so they can continue their crucial work and guarantee care to patients.”

Surrey County Council’s Conservative leader Tim Oliver told PA that the local resilience forum, which includes the National Health Service and police, would consider on Monday evening whether to declare a major incident.

“We have been experiencing the same problems as everyone else so we are deciding whether or not to declare a major incident, which would give the forum powers to prioritise key workers,” Mr Oliver said.

Labour Party shadow chancellor Rachel Reeves said the problems in the haulage industry had been building for months but ministers simply ignored the warnings.

“Since last year I have been meeting and talking with the Road Haulage Association and hauliers about some of the problems coming down the line," Ms Reeves told ITV .

“The government ignored those problems, which is why we are now facing the situation where people go to the supermarkets and see shortages of goods on the shelves, and why they are queuing up at petrol stations and not being able to fill up their tank.

“That is not acceptable. This is an out-of-touch and complacent government.”

To try to ease the crisis, Mr Johnson announced at the weekend plans to issue 5,000 temporary, three-month visas to foreign tanker drivers.

But Edwin Atema from the Dutch FNV union, which represents hauliers across the EU, criticised the idea that it would tempt enough drivers back to the UK after Brexit.

“On the short-term I think that will be a dead end,” Mr Atema told the BBC Radio 4.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

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Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

WandaVision

Starring: Elizabeth Olsen, Paul Bettany

Directed by: Matt Shakman

Rating: Four stars

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

THE SPECS

Engine: 3.5-litre supercharged V6

Power: 416hp at 7,000rpm

Torque: 410Nm at 3,500rpm

Transmission: 6-speed manual

Fuel consumption: 10.2 l/100km

Price: Dh375,000 

On sale: now 

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

UAE currency: the story behind the money in your pockets
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Company info

Company name: Entrupy 

Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist

Based: New York, New York

Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.  

Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius. 

Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place. 

PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

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MATCH INFO

Uefa Champions League semi-finals, first leg
Liverpool v Roma

When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome

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Updated: September 27, 2021, 10:11 PM