‘Good amount of Christmas presents available’ this year despite concerns over shortage, Rishi Sunak says

“I’m confident there will be a good amount of Christmas presents available for everyone to buy,” the Chancellor said

Chancellor Rishi Sunak has pledged that there will be a “good amount of Christmas presents available” this year despite concerns from retailers over supply chain issues.

Mr Sunak was speaking after meeting with finance ministers from the G7 group of leading world economies to talk about the problem, with the politicians agreeing to work more closely to solve the crisis.

Sign up to our NationalWorld Today newsletter

The i newsletter cut through the noise

At a glance: 5 key points

  • Retailers have expressed fears ongoing supply chain problems will result in higher prices and empty shelves into December.
  • However, the chief executive of the UK Major Ports Group said supply chains were “robust” and “there’s no need to panic”.
  • A build-up of cargo in Felixstowe has led to shipping company Maersk opting to divert vessels away from the Suffolk port, while similar logjams have been seen elsewhere in the world including in the US.
  • Mr Sunak chaired a meeting of finance ministers on Wednesday as the International Monetary Fund and World Bank convened in the US capital.
  • The Treasury said Mr Sunak told the meeting of the “importance of global co-operation to ensure that supply chains are more resilient as the world emerges from the pandemic”.

What’s been said

Speaking to the BBC in Washington DC, Mr Sunak sought to reassure Britons as people begin to think about shopping for Christmas.

He said: “We’re doing absolutely everything we can to mitigate some of these challenges.

“They are global in nature so we can’t fix every single problem but I feel confident there will be good provision of goods for everybody.

“I’m confident there will be a good amount of Christmas presents available for everyone to buy.”

A message from the editor:

Thank you for reading. NationalWorld is a new national news brand, produced by a team of journalists, editors, video producers and designers who live and work across the UK. Find out more about who’s who in the team, and our editorial values. We want to start a community among our readers, so please follow us on Facebook, Twitter and Instagram, and keep the conversation going.