Supply chain difficulties have led to job losses and cuts in purchasing and stocks, S&P Global poll shows

Britain’s factories have been hit by disruption caused by Houthi rebel attacks in the Red Sea that led to shipping delays and contributed to rising costs, as the boss of Adidas warned about “exploding” global freight rates.

UK manufacturers have experienced growing supply chain difficulties, as the Red Sea crisis led to the rerouting of deliveries of raw materials, components and other goods away from the Suez Canal, a survey has shown.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Ben and Imo review – Britten and Holst’s collaboration slides into cruelty

Swan theatre, Stratford-upon-AvonMark Ravenhill’s reimagining of the duo’s work on Gloriana exposes…

Private labs unable to process all Covid tests, NHS email reveals

Exclusive: Lighthouse labs sought help from NHS England to analyse community swabs…

Why the panic among Boris Johnson’s allies? Because they know Brexit is unravelling | Michael Heseltine

There is an air of desperation in attacks from those on the…

Revealed: why Van Gogh’s ‘empty chair’ paintings were never shown together

Sister-in-law hid one dedicated to Gauguin because of ‘anger at the French…