ASIAN shopkeepers have revealed they are struggling with low stock levels after panic buying by shoppers over coronavirus fears.
Stores have seen a spike in sales of toiletries, rice, atta flour and spices since the virus outbreak, but some shops have been unable to restock due to higher prices and also being financially “outmuscled” by supermarket giants.
In Poplar, east London, some ethnic stores are well stocked with toilet rolls, toothpaste and hand sanitiser, while supermarkets in the area are running low on those supplies. But in other areas of the country, smaller firms are struggling to buy enough stock from suppliers and websites, a crisis which could escalate with schools in England, Wales and Scotland closing last Friday (20).
Some business owners have accused the government of failing to give the retail industry a “heads-up” about panic buying and restricting consumers to a strict quantity of household goods sooner.
Ajit Atwal, a petrol station owner and Liberal Democrats councillor in Derbyshire, in the Midlands, told Eastern Eye: “Footfall has fallen 50-60 per cent this week. The government is not making it very clear, so people are unsure what to do. We are selling toilet paper at the garage, but we can’t get hold of it to sell it. People are coming in to ask for chapatti flour.
“Greedy people are hoarding for no reason.”
Atwal added: “I am all for supporting local businesses, but putting prices up at people’s expense, you are having a laugh. They [stores] should take a long hard look at themselves.
“A lot of shops are in the same situation. I am 50 and have been in business since I was a kid, but I have never experienced anything like this. People are panicking.”
The Competition and Markets Authority has vowed it will consider any evidence that firms may have broken laws by charging excessive prices or making misleading claims.
Meanwhile, research found that photographs of empty supermarket shelves spark panic buying.
Some 86 per cent of people purchase more items if exposed to images of empty shelves in online articles, the study by the University of Edinburgh’s Business School and the University of Southampton found. And 33 per cent of people surveyed admitted to stockpiling supplies.
Usman Younas, who runs the Watan Superstore in Bradford, Yorkshire, is concerned about his stock levels ahead of Easter and Ramadan which starts in late April.
He told Eastern Eye: “Initially, the government hadn’t created awareness and the implications of the disease. They played it down compared to the rest of the world.
“Then everyone went berserk, the self-isolating measure created panic. I bought as I needed to, but my main concern is Ramadan and tackling that and the influx.
“Easter is also a time when we see an increase in sales. Suppliers didn’t tell us to stock up as they weren’t told.
“We are out of stock on toiletries, down to the bare minimum in our tinned section, and spices and rice are non-existent.”
Younas added: “It has hit us, it was a surprise. There is an increase in sales but [that’s fine] as long as there is continued supply.
“We have sold everything, but cannot replace it. People are getting frustrated, and we can’t serve the community.
“The bigger retailers are quids in, they had leftover stock and can hike prices to an extent. The government should have prepared us better and given us a heads up that we might have this problem.”
One report last week said people had spent £60 million by stockpiling items.
Asda and Tesco are closing service counters – such as delicatessens and fish counters – and joined Sainsbury’s, Aldi, Lidl and the Co-op in imposing limits on amounts that can be purchased.
Sainsbury’s and Iceland have also dedicated a specific portion of their opening hours exclusively to elderly shoppers.
Meanwhile, some Asian-owned businesses near football grounds are reeling from losses with the Premier League and other tournaments announcing they were suspending matches until at least the end of April.
Revenue for businesses around Old Trafford, the home of Manchester United, is collectively worth tens of thousands of pounds on a match day.
Manchester Souvenirs and News in the Deansgate area, near the normally busy Manchester Arndale mall, sells merchandise from football clubs Manchester United and Manchester City, along with food and drinks. An employee said last week: “It’s [Covid-19] impacted us massively with customers. We are a one-man operation at the moment.”
Other businesses near Old Trafford, including Kebabish Express, were closed last Friday (20).
Schools have been closed until further notice for all except children of key workers and vulnerable children.
The Association of Convenience Stores (ACS) has called on the government to ensure that the UK’s 405,000 convenience store employees are given key worker status so they can carry on providing a lifeline to local communities.
It wrote to the government last week calling for firms to be allowed to delay VAT, employers NICs, business rates, PAYE and corporation tax for at least six months, as well as subsidise wages for people laid off as a result of the outbreak.
ACS chief executive James Lowman said: “Convenience stores are a lifeline for local people, providing essential goods in communities across Britain to those who can’t go to larger stores, or can’t get products elsewhere.
“It is essential that the colleagues working in convenience stores are given the reassurance of the key worker status so that they can keep providing that service.”
Last weekend, it emerged that Britons have spent £1 billion on stockpiling essentials in three weeks, leaving vulnerable pensioners without basics such as food and toilet paper.
Stephen Powis, NHS England national medical director, said that panic buyers were depriving hard-working NHS staff, adding: “Frankly we should all be ashamed.”
He said: “It is critical that by not stockpiling, by not selfishly shopping, that our health workers are able to get access to what they need too.”
Meanwhile, the chief executive of the British Retail Consortium said there “is plenty of food in the supply chain”.
Helen Dickinson said: “Brits have a billion pounds more food in their homes than they did three weeks ago, so we need to make sure we eat some of it.”
Dickinson said she wanted to reassure people that those “right across the food industry... are doing everything they can to ensure we have the food we all need.”
MICROSOFT CEO Satya Nadella on Wednesday (17) said the American tech giant is “doubling down” on its investments in Britain as US president Donald Trump began his state visit with the launch of a US-UK Tech Prosperity Deal.
The agreement focuses on advancing fast-growing technologies such as artificial intelligence (AI), quantum computing, and nuclear innovation.
Trump spent the night at the US ambassador’s residence, Winfield House in central London, before receiving a royal welcome at Windsor Castle. He also spoke by phone with prime minister Keir Starmer ahead of their formal talks on Thursday (18).
The visit opened with a series of investment pledges described as a “generational step change”, committing joint resources and expertise into emerging technologies across both nations.
“We’re committed to creating new opportunity for people and businesses on both sides of the Atlantic, and to ensuring America remains a trusted and reliable tech partner for the UK,” Nadella, the Indian American Microsoft chief, said in a statement.
“That is why we are doubling down on our investment in the UK, investing more than $30 billion over four years, including building the country’s largest supercomputer,” he added.
Alongside Microsoft, NVIDIA, Google, OpenAI, and CoreWeave are among the US technology companies pledging a combined £31bn to strengthen the UK’s AI infrastructure, including data centres and computer chips.
Starmer welcomed the deal, saying: “This Tech Prosperity Deal marks a generational step change in our relationship with the US, shaping the futures of millions of people on both sides of the Atlantic, and delivering growth, security and opportunity up and down the country.
“By teaming up with world-class companies from both the UK and US, we’re laying the foundations for a future where together we are world leaders in the technology of tomorrow, creating highly skilled jobs, putting more money in people’s pockets and ensuring this partnership benefits every corner of the UK.”
The deal will support new AI models for breakthroughs in medicine, including cancer and rare disease treatment, as well as shared priorities such as fusion energy.
UK technology secretary Liz Kendall described the pact as “a vote of confidence in Britain’s booming AI sector – building on British success stories such as Arm, Wayve and Google DeepMind – that will boost growth and deliver tens of thousands of skilled jobs.”
As part of the agreement, a new AI Growth Zone will host early deployment of OpenAI’s Stargate UK project at Cobalt Park.
Sam Altman, CEO of OpenAI, said: “The UK has been a longstanding pioneer of AI, and is now home to world-class researchers, millions of ChatGPT users, and a government that quickly recognised the potential of this technology. Stargate UK builds on this foundation to help accelerate scientific breakthroughs, improve productivity, and drive economic growth.”
The Tech Prosperity Deal set the stage for Trump’s state welcome at Windsor Castle, featuring a gilded carriage procession, guard of honour, and a State Banquet hosted by King Charles.
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FILE PHOTO: A member of staff works on the production line at Jaguar Land Rover’s factory in Solihull, Britain. REUTERS/Phil Noble
BRITAIN's largest carmaker, Jaguar Land Rover, said a pause in production due to a cyber attack would now stretch to September 24, extending the stoppage at its plants to more than three weeks.
The luxury carmaker, owned by India's Tata Motors, said it shut down its systems in early September to contain the hack that has severely disrupted its retail and manufacturing operations.
Its three factories in Britain, which usually produce about 1,000 cars per day, will now not restart until September 24, the company said on Tuesday (16). It has told many of its 33,000 staff to stay at home.
"We have taken this decision as our forensic investigation of the cyber incident continues, and as we consider the different stages of the controlled restart of our global operations, which will take time," JLR said in a statement on its website.
There is concern about the financial impact of the stoppage on JLR's British supply chain, which includes many smaller companies and supports 104,000 jobs across the country. The Unite trade union has warned of job losses and said government support would be needed given the lengthy stoppage.
Chris McDonald, minister in the Department of Business and Trade, told Reuters he had met the company on Tuesday to "discuss their plans to resolve this issue and get production started again".
"Our cyber experts are supporting JLR to help them resolve this issue as quickly as possible," he added.
The Telegraph reported on Monday (15) that the production shutdown could last until November, although JLR said this was not its position.
JLR has said the incident has affected some data, although it remains unclear whether it involved customers, suppliers or internal systems.
The breach was the latest in a string of cyber and ransomware attacks targeting companies around the world. In Britain, household names including Marks & Spencer and the Co-op have fallen victim to increasingly sophisticated breaches.
The disruption comes as JLR faces broader challenges, including weaker demand in China and Europe, and delays to the launch of its electric vehicle models.
In July, JLR reported an 11 per cent drop in quarterly sales, partly due to a temporary pause in US shipments after tariffs were imposed. Although exports resumed in May, the company cut its profit margin target for fiscal 2026 to 5 per cent to 7 per cent, down from 10 per cent, citing ongoing trade uncertainty.
Dr Sudhir Ruparelia emphasised Uganda’s growing real estate, agriculture and tourism sectors.
Lord Dolar Popat called for closer Commonwealth ties between Africa, the UK and India.
Uganda’s ministers outlined regional integration, investment climate and agricultural transformation.
Spiritual leader Sant Trilochan Darshan Das Ji urged ethical entrepreneurship rooted in integrity.
The 15th edition of the UK–Africa Business Summit took place on Friday, 12 September at The Royal Horseguards Hotel & One Whitehall Place, bringing together senior government leaders, entrepreneurs, investors and diaspora stakeholders to strengthen trade and investment ties between the UK and African nations.
One of the most anticipated interventions came from Dr Sudhir Ruparelia, Uganda’s richest businessman with an estimated fortune of $1.6 billion. Speaking of his family’s deep commitment to Uganda, Ruparelia said: “We’ve created thousands of jobs, benefiting millions of Ugandans. The real estate sector remains vibrant and agriculture presents countless opportunities. Hospitality and tourism are thriving – let’s seize the moment.”
Lord Dolar Popat, Member of the House of Lords and former UK Prime Minister’s Envoy to Africa, addressed Africa’s pivotal role amid shifting global trade realities. He urged closer Commonwealth ties, emphasising collaboration between Africa, the UK and India to strengthen trade resilience.
The summit also hosted influential voices from government and diplomacy:
Rt Hon Rebecca Kadaga, Uganda’s First Deputy Prime Minister and Minister for East African Community Affairs, set out East Africa’s integration agenda, focusing on accelerating AfCFTA adoption, removing non-tariff barriers and coordinating infrastructure to position the region as a competitive investment market.
Uganda featured prominently throughout the summit. Col Edith Nakalema highlighted the enabling investment climate under President Yoweri Kaguta Museveni, particularly through technology-driven efficiency in SHIPU’s operations to safeguard investors against cyber fraud.
UK–Africa business summit 2025
Dr Hillary Musoke Kisanja, Senior Presidential Advisor on Agribusiness and Value-Addition Development, unveiled Uganda’s roadmap to transform agriculture into a high-value, climate-resilient driver of growth.
HE Nimisha Madhvani, Uganda’s High Commissioner to the UK, joined other diplomats in a flagship session on trade, resilience and diplomacy, where participants examined how Africa can redefine its partnerships with the UK in an era of shifting alliances.
The Ugandan delegation also included Ruth Nankabirwa, Minister of Energy and Mineral Development; Gen David Muhoozi, Minister of State for Internal Affairs; Lt Gen Joseph Musanyufu, Permanent Secretary of the Internal Affairs Ministry; and Maj Gen Apollo Kasiita-Gowa, Director of Citizenship and Immigration Control.
UK–Africa business summit 2025
Faith and ethical entrepreneurship
Spiritual leader Sant Trilochan Darshan Das Ji, head of Das Dharam-Sachkhand Nanak Dham, graced the summit as Honorary Chief Guest. He urged delegates to embrace ethical entrepreneurship and align economic ambition with values of integrity and social good.
Spiritual leader Sant Trilochan Darshan Das Ji, head of Das Dharam-Sachkhand Nanak Dham, graced the summit as Honorary Chief Guest
A platform for resilience
Summit founder and chairman Willy Mutenza acknowledged the challenges posed by renewed US tariffs and shifting geopolitical alignments, but stressed Africa’s resilience, pointing to expanding markets, a youthful population and growing infrastructure as long-term opportunities for investors.
Prof Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, reinforced this vision with a presentation on Uganda’s sustained economic growth trajectory.
UK–Africa business summit 2025
Innovation and Africa’s future
The summit concluded with a high-level panel on digital trade, e-mobility, AI and climate-resilient investment. Industry leaders highlighted Africa’s emerging innovation-led growth model, from Kenya’s fintech ecosystems to Uganda’s science-based industrial strategy. The session underscored the importance of digital sovereignty, blended finance and ESG-aligned investment to unlock inclusive economic growth.
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Donald Trump and Narendra Modi shake hands as they attend a joint press conference at the White House on February 13, 2025.
INDIA and the United States will hold trade discussions in New Delhi on Tuesday, officials and Indian media reports said, as the two countries look to resolve a tariff dispute.
India currently faces high US tariffs on most of its exports and has not yet been able to reach a trade deal that would ease the pressure.
Trump has sought to increase pressure on Moscow over the war in Ukraine. The move has added to tensions between Washington and New Delhi.
Both governments, however, have said they remain committed to talks.
Commerce ministry official Rajesh Agarwal said on Monday that officials would meet in person on Tuesday for discussions, The Indian Express reported.
According to broadcaster NDTV, Brendan Lynch, assistant trade representative for South and Central Asia, will be part of the US delegation. The report said the discussions would be a “precursor” to a later full round of negotiations.
The talks come a week after Trump said discussions would continue between the two sides to address trade barriers.
“I feel certain that there will be no difficulty in coming to a successful conclusion for both of our Great Countries!,” Trump posted on Truth Social last week, without providing details.
Indian prime minister Narendra Modi responded by calling India and the United States “close friends and natural partners” and said teams from both sides were working to conclude discussions “at the earliest”.
(With inputs from agencies)
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Piyush Goyal recalled that in February, Narendra Modi and Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025. (Photo: Getty Images)
INDIA’s commerce and industry minister Piyush Goyal on Thursday said that negotiations on the proposed trade agreement between India and the United States, which began in March, are progressing in a positive atmosphere and both sides are satisfied with the discussions.
He recalled that in February, Indian prime minister Narendra Modi and US president Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025.
“Discussions have been going on in a positive atmosphere with seriousness since March. It is progressing, and both the countries are satisfied with the progress,” Goyal told reporters. On Wednesday, he had also said that India is in “active dialogue” with the United States.
Trump this week said there would be “no difficulty” for the two countries to reach a successful conclusion and that he looked forward to speaking with his “very good friend” Modi in the coming weeks. In a post on Truth Social, he wrote he was “pleased to announce that India, and the United States of America, are continuing negotiations to address the Trade Barriers between our two Nations.”
Modi responded on X, welcoming Trump’s statement and expressing confidence that the negotiations would help unlock the potential of the partnership. He said India and the US are close friends and natural partners and are working to conclude the discussions at the earliest.
The two countries have completed five rounds of negotiations since March. The sixth round, scheduled to take place in India last month, was deferred after Washington imposed an additional 25 per cent tariff on Indian goods over purchases of Russian crude oil.
The aim of the pact is to more than double bilateral trade in goods and services to USD 500 billion by 2030 from the current USD 191 bn. Trade ties have been strained due to tariffs, with the US imposing a 50 per cent import duty on Indian goods from August 27. The move has hit exports from labour-intensive sectors such as shrimp, textiles, leather and footwear. India has described the tariffs as unfair, unjustified and unreasonable.
Talks have also been delayed over US demands for greater access in sensitive sectors such as agriculture and dairy. India has said repeatedly that it will not compromise the interests of small and marginal farmers and cattle rearers.
The US is India’s largest trading partner. In 2024-25, bilateral trade in goods was USD 131.8 bn, with India’s exports at USD 86.5 bn and imports at USD 45.3 bn. The US is also the third-largest investor in India, with foreign direct investment of USD 76.26 bn between April 2000 and June 2025, accounting for 10 per cent of India’s total FDI inflows.
On protests in Nepal, Goyal said the Indian government is monitoring the situation and working to bring back Indian citizens stranded there. He added that the Indian mission in Nepal is ready to provide support and expressed hope for normalcy to return soon.