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Supply chain crisis: retail, food and defence firms predict further damage

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Companies in retail, food and defence have warned of further damage from supply chain problems that have dogged industry during disruption from the coronavirus pandemic and Brexit. Months of shipping delays have cause...

Sunak: ‘good amount’ of Christmas gifts available despite supply chain crisis

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There will be a “good amount of Christmas presents available” this year despite supply chain problems, the UK chancellor has said. Rishi Sunak was speaking after a meeting with finance ministers from the G7 group of l...

Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’

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Joe Biden has warned companies that he will “call them out” if they fail to “step up” to ease supply chain bottlenecks ahead of the holiday season. The US president, facing grim opinion polls and a stalling legislativ...

UK firms reach deal over CO2 supply chain shortages

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Businesses involved in channelling crucial carbon dioxide supplies to the food and drink industry have struck a deal aimed at averting shortages of products such as meat and fizzy drinks until January next year. The g...

Asos chief Nick Beighton resigns as it warns over supply chain pressures

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Nick Beighton, the chief executive of Asos, is to step down with immediate effect as the online fashion retailer warned that supply chain problems and rising costs will affect its profits. Asos said Beighton and the b...

UK’s supply chain crisis hits business growth and consumer confidence – business live

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Rolling coverage of the latest economic and financial news

Supply chain crisis: PM brings in ex-Tesco boss to ease shortages

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Sir David Lewis, the former chief executive of Tesco, will advise the UK government on supply chains as it seeks to get a grip on shortages threatening everything from petrol to Christmas. Downing Street said Lewis wo...

To truly reach net zero emissions, we need to transform the business supply chain

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The global fight against the impacts of climate change is a generational challenge like no other. This is a shared mission, but it is increasingly clear that levels of distrust and scepticism are running high. The str...

Tory conference live: Rishi Sunak says Brexit will be worth it in the long term amid supply chain crisis

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Latest updates: chancellor says, despite the challenges, he believes Brexit will be positive

Monday briefing: Supply chain crisis squeezes food banks

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Hello, Warren Murray reporting for duty again this Monday morning – welcome to the Briefing. Food banks have said they will have to shrink the size of their parcels amid declining stock levels caused by the HGV crisi...

How the supply chain crisis is affecting six big economies

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As the Covid-19 pandemic eases and national economies emerge from suspended animation, demand for energy, labour and transport has surged. That sudden acceleration is putting a huge strain on the just-in-time, cross-b...

‘A perfect storm’: supply chain crisis could blow world economy off course

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It was all going so well. Successful vaccination programmes were driving the post-pandemic recovery of the global economy, stock markets were back at record highs, and prices were rising just enough to make deflation ...

More than £200m wiped off AO World’s value amid supply chain problems

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More than £200m has been wiped off the stock market value of AO World after the online retailer blamed driver shortages and supply chain problems for lower than expected profits. The warning prompted a sharp sell-off,...

Brazil hospital chain accused of hiding Covid deaths and giving unproven drugs

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One of Brazil’s biggest healthcare providers has been accused of covering up coronavirus deaths, pressuring doctors to prescribe ineffective treatments, and testing unproven drugs on elderly patients as part of ideolo...

Supply chain crisis could last months admits PM but fuel situation ‘improving’

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Britain’s supply chain strain could last until after Christmas, Boris Johnson has admitted as he urged motorists to stop panic-buying fuel by insisting supplies were “improving” – despite thousands of forecourts remai...

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