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The main problem I think is that he’s a serial liar and people don’t take him seriously. So when sensible commentary is smuggled into the shaggy, bumbling Poo Bear PM persona nobody bloody notices. And that’s not a partisan observation either, I fully believe Corbyn’s deliberate assumption of listener maturity and insistence on cautious nuance would have fucked us over too.
The panic buying and hoarding is a consequence of the vacuum of effective communication. The government should have explained on very clear terms and consistently repeated the communication that there was no risk of food shortage and no risk of disruption to supply chains. They didn't say that clearly until yesterday.
They need to over communicate, and educate people about what this is really about, i.e. probable massive shortage of NHS capacity to deal with crisis and the consequences of that.
Instead they let people engage in a bout of panic buying that has probably accelerated spread of the virus.