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| Version 0 | Version 1 |
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| Inflation warning after fuel deal | Inflation warning after fuel deal |
| (about 2 hours later) | |
| The business secretary has issued a warning about inflationary pay rises after tanker drivers working for Shell settled a pay dispute with employers. | The business secretary has issued a warning about inflationary pay rises after tanker drivers working for Shell settled a pay dispute with employers. |
| The deal, worth a reported 14% over two years, came after a four-day strike by the drivers. Their union, Unite, would not confirm the figure. | |
| John Hutton said the deal reflected the particular conditions in the industry. | John Hutton said the deal reflected the particular conditions in the industry. |
| He said: "There needs to be discipline in public and private sector pay if we are to keep inflation under control." | He said: "There needs to be discipline in public and private sector pay if we are to keep inflation under control." |
| He also thanked the fuel industry for working hard to minimise disruption, "and the driving public for behaving responsibly over the difficult four days of the strike". | He also thanked the fuel industry for working hard to minimise disruption, "and the driving public for behaving responsibly over the difficult four days of the strike". |
| "Restocking at the pumps is now under way and we can expect things to return to normal over the next few days," he said. | "Restocking at the pumps is now under way and we can expect things to return to normal over the next few days," he said. |
| 'Everything we were looking for' | 'Everything we were looking for' |
| The stoppage by about 600 drivers working for haulage firms Hoyer UK and Suckling started on Friday and led to hundreds of petrol stations across Britain running out of fuel. | The stoppage by about 600 drivers working for haulage firms Hoyer UK and Suckling started on Friday and led to hundreds of petrol stations across Britain running out of fuel. |
| Further industrial action by the drivers, delivering for Shell, was due to take place at the weekend, but was called off after the pay deal was agreed on Tuesday. | |
| John Hutton urged discipline in public and private sector pay | John Hutton urged discipline in public and private sector pay |
| Details of the settlement were being given to drivers on Wednesday, but were not being made public. | |
| Following the pay agreement, one union official reportedly said: "We got everything we were looking for." | Following the pay agreement, one union official reportedly said: "We got everything we were looking for." |
| Drivers will be balloted over the pay deal over the coming week. Unite is urging them to accept. | |
| It was not clear whether Shell was involved in the final settlement, but the firm welcomed the news. | It was not clear whether Shell was involved in the final settlement, but the firm welcomed the news. |
| Mr Hutton's comments come as the UK's inflation rate rose to 3.3% in May, up from 3% in April and way above the Bank of England's target of 2%. | Mr Hutton's comments come as the UK's inflation rate rose to 3.3% in May, up from 3% in April and way above the Bank of England's target of 2%. |
| The Bank's governor, Mervyn King, has warned that rising food and energy prices could push UK consumer inflation above 4% this year. |