Up to £4.8bn worth of goods for British retailers can be made locally, says report

UK factories could be making up to £4.8bn more goods for British retailers in the next 12 months as the coronavirus pandemic and Brexit prompt businesses to bring home production.

The additional orders, largely of food and fashion but potentially including DIY products and homewares, would be equivalent to the country’s entire current clothing manufacturing output, according to a report by advisory firm Alvarez & Marsal and research group Retail Economics.

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