Supply chain disruption and staff shortages held back economy in December

Britain’s manufacturers have suffered a drop in export demand amid pressure from Covid and Brexit, according to fresh data that shows supply chain disruption and staff shortages held back the economy in December.

The latest snapshot from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) showed growth in UK factory output was limited last month by Covid restrictions and Brexit weighing on orders and pushing up costs.

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