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Fears grow as UK factories hit by worst supply chain shortages since mid-70s

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Britain’s manufacturers are struggling with their worst supply shortages since the mid-1970s, as fears grow in the sector over the economic fallout from rising costs and a lack of key materials. Almost two-thirds of t...

Industry supply chain fears deepen; UK borrowing undershoots forecasts – business live

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최신 경제 및 금융 뉴스의 연속 보도

Barclays profits double as CEO brushes off inflation and supply chain fears

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Barclays almost doubled its third-quarter profit to £2bn as it benefited from strong mortgage lending in the UK and a boom in investment banking. The British bank’s profit before tax in the three months to September r...

UK public borrowing falls despite fuel crisis and supply chain issues

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Government borrowing fell at a faster than expected rate in September as the furlough scheme came to an end and tax receipts recovered strongly. Figures published by the Office for National Statistics show borrowing f...

Tesla reports record quarterly earnings despite global supply chain meltdown

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Tesla saw its biggest quarterly net earnings in history, the company said on Wednesday, propelled by record electric vehicle sales last summer, amid a shortage of computer chips and other materials. The company made $...

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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최신 경제 및 금융 뉴스의 연속 보도

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

17 견해0 코멘트

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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최신 업데이트: chancellor says, despite the challenges, he believes Brexit will be positive

Monday briefing: Supply chain crisis squeezes food banks

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안녕하세요, 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

24 견해0 코멘트

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...

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