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.

Continue reading…

Leave a Reply

Your email address will not be published.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

You May Also Like

Smuggling operation sent thousands of people across Channel illegally in small boats

Police in five European countries uncover criminal network believed to have smuggled…

Policing pregnancy while corporate drug pushers go free shows warped values | Arwa Mahdawi

A system that can put a young woman away for four years…

Fresco fragment from Pompeii reopens row over ‘looted’ artefacts

Expert says the rare piece in the Getty Museum in Los Angeles…

‘Tame’ wide British roads and replace them with boulevards of homes, says thinktank

Exclusive: Create Streets proposes building on Britain’s ‘road belt’ rather than its…