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

HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
More people in higher rate tax
Posted on 18 Mar 2024
More people in higher rate tax
read more
Tax cuts illusory
Posted on 13 Mar 2024
Tax cuts illusory
read more
MTD extended
Posted on 01 Mar 2024
MTD extended
read more
Back To Top
01604 660661