Emeritus Prof Christopher May on Nostr: The UK Govt. is (likely correctly) warning UK #business that #supplychain disruption ...
The UK Govt. is (likely correctly) warning UK #business that #supplychain disruption will likely worsen in 2024 & there's little the Govt. can do to help.
This suggests we will see both mounting inflationary pressure as disruptions push up costs & an increased exploration of 'restoring' or at least 'near-shoring' as companies to shorten & localise their supply chains.
For some this will look like good news, but for those countries losing valuable export business the transition may be painful!
This suggests we will see both mounting inflationary pressure as disruptions push up costs & an increased exploration of 'restoring' or at least 'near-shoring' as companies to shorten & localise their supply chains.
For some this will look like good news, but for those countries losing valuable export business the transition may be painful!