Supply chain issues

Posted on 04 Feb 2015
Share Blog Post
Staff shortages and supply chain issues slow UK recoveryLabour and supply shortages held back Britain’s economic recovery in August, according to the latest IHS Markit/CIPS Flash UK Composite PMI, which gave a reading of 55.3 for the month - the lowest since February and down from July’s 59.2. IHS Markit said the number of companies reporting that shortages of staff and materials were hurting growth was a record 14 times the normal level. Chris Williamson, chief business economist at IHS Markit, added: “Rising virus case numbers are deterring many forms of spending, notably by consumers, and have hit growth via worsening staff and supply shortages."

View more blog posts

SME lending increases
Posted on 19 Jun 2024
SME lending increases
read more
More tax awaits us
Posted on 12 Jun 2024
More tax awaits us
read more
High tax Britain
Posted on 05 Jun 2024
High tax Britain
read more
Biggest tax freeze in history
Posted on 29 May 2024
Biggest tax freeze in history
read more
Back To Top
01604 660661