Today news
About the same in other media
UK factories struggle to meet record demand as supply issues continue
Reading now: 943
Britain’s factories are struggling to meet the record demand for their goods as severe supply constraints put a brake on production lines, the latest snapshot of industry has shown.
The CBI said manufacturers were running down their stocks of finished goods to meet the strongest order books since records began in 1977.
In its monthly health check, the employers’ organisation expressed concern that the increase in demand was being accompanied by heightened inflationary pressure. Availability of finished goods was the weakest since 1977, while expectations of future price increases were at their highest.
Almost half (46%) of firms said order books were above normal, while 20% said they were below normal. Export order books were at their
Read more on theguardian.comAbout this in other media
Activist investor Elliott takes stake in Taylor Wimpey and demands change theguardian.com /2 years ago
UK regulators demand updates on banks’ risk management after Archegos collapse fnlondon.com /2 years ago
One toy’s journey through the supply chain crisis: from Chinese factory to UK child’s stocking theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
