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....The business secretary, Greg Clark, said it was an “important step” for the future of Port Talbot. “The government has been working hard with the unions to secure a sustainable future for Tata Steel in the UK, its 4,000 employees at the Port Talbot site and its supply chain. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 07:49:04 AM
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....This time, interest rates are so low that the only question – repeated ad nauseam in the financial press – is when they are going to go up. And, God help us, far from benefiting from J-curve effects, many firms that operate here because of the advantages of the single market for their supply chains are “considering their position”. ... [Read full article on Guardian ]
Sunday 24th of September 2017 06:00:37 AM
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....“This number will depend on various factors, including a clear understanding of the number of buildings involved, the locations of those buildings, the extent and severity of the problems at each, and the range of possible solutions still to be determined. “These capacity planning concerns are being addressed by the industry response group, who are reviewing solutions to ensure buildings are safe and the supply chain capability to cope with a rapid upsurge in remedial and refurbishment work which may follow. ... [Read full article on Guardian ]
Sunday 24th of September 2017 08:49:39 PM
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Latest Finance News related to Supply Chain

Improving fire safety in high-rises after Grenfell blaze 'could take years' image
Source : Guardian [Read Article] Sunday 24th of September 2017 08:49:39 PM
....“This number will depend on various factors, including a clear understanding of the number of buildings involved, the locations of those buildings, the extent and severity of the problems at each, and the range of possible solutions still to be determined. “These capacity planning concerns are being addressed by the industry response group, who are reviewing solutions to ensure buildings are safe and the supply chain capability to cope with a rapid upsurge in remedial and refurbishment work which may follow. ...
Brexit isn’t a new Black Wednesday. It’s far darker than that image
Source : Guardian [Read Article] Sunday 24th of September 2017 06:00:37 AM
....This time, interest rates are so low that the only question – repeated ad nauseam in the financial press – is when they are going to go up. And, God help us, far from benefiting from J-curve effects, many firms that operate here because of the advantages of the single market for their supply chains are “considering their position”. ...
Tata Steel to merge European operations with ThyssenKrupp image
Source : Guardian [Read Article] Wednesday 20th of September 2017 07:49:04 AM
....The business secretary, Greg Clark, said it was an “important step” for the future of Port Talbot. “The government has been working hard with the unions to secure a sustainable future for Tata Steel in the UK, its 4,000 employees at the Port Talbot site and its supply chain. ...
Made.com founder: 'We want to be the new Ikea' image
Source : Guardian [Read Article] Monday 18th of September 2017 06:00:02 AM
.... The same sofa was selling for £3,000. I saw the opportunity of using the internet to disrupt the supply chain. ...
Premier Inn owner quits ethical trade body after union row image
Source : Guardian [Read Article] Friday 15th of September 2017 10:49:40 AM
....”. Whitbread said it was “a leader in responsible sourcing within the hospitality industry” and remained “100% committed to ensuring ethical and sustainable practice across our global supply chain”. ...
John Lewis profits halve as chairman warns over Brexit uncertainty image
Source : Guardian [Read Article] Thursday 14th of September 2017 07:20:55 AM
....Aside from the cost of restructuring at John Lewis, Mayfield said profits had predominantly been affected by a squeeze on margins as tough competition was forcing the company to keep prices down despite rising costs. But it was a different story at Morrisons, where bosses said they had kept profit margins steady despite cost inflation by increasing sales and improving efficiency in its supply chain, much of which is managed in house. ...
Chocolate industry drives rainforest disaster in Ivory Coast image
Source : Guardian [Read Article] Wednesday 13th of September 2017 12:30:10 PM
....Cocoa traders who sell to Mars, Nestlé, Mondelez and other big brands buy beans grown illegally inside protected areas in the Ivory Coast, where rainforest cover has been reduced by more than 80% since 1960. Illegal product is mixed in with “clean” beans in the supply chain, meaning that Mars bars, Ferrero Rocher chocolates and Milka bars could all be tainted with “dirty” cocoa. ...
iPhone X: new Apple smartphone dumps home button for all-screen design image
Source : Guardian [Read Article] Tuesday 12th of September 2017 06:57:46 PM
.... An OLED display and the new design is likely to standard on future iPhone models, but Apple must first tackle the challenge of obtaining sufficient supply. “A staggered introduction of OLED technology and the new design enables Apple to steadily ramp up scale in its supply chain and maximise profits. ...
UK green energy expensive? Not any more. From now on it's cheap image
Source : Guardian [Read Article] Monday 11th of September 2017 11:38:12 AM
....New power stations in the UK today are usually only built with the certainty provided by subsidies paid through energy bills, so the record low guaranteed price awarded to the developers of three new mega offshore windfarms today is, first and foremost, welcome news for consumers. It is also good for the economy post-Brexit, for the foreign-owned developers behind the multibillion-pound projects, and the increasingly UK-based supply chain that supports them, such as Siemens’ £310m wind turbine factory in Hull. ...
UK windfarms cheaper than Hinkley Point, experts claim image
Source : Guardian [Read Article] Sunday 10th of September 2017 11:16:29 AM
....Pinchbeck urged ministers to commit to a timetable for further auctions. “The idea that there will be more auctions, that’s really important, for developing and keeping a supply chain in the UK,” she said. ...
Tory EU migration crackdown plans: the key questions answered image
Source : Guardian [Read Article] Saturday 9th of September 2017 03:00:11 PM
.... Voices from housebuilding to aerospace, farming and hotels raised concerns over the plans, which signalled a hard Brexit is very much on the cards. The warning of catastrophe came from the British Hospitality Association, while the National Farmers Union said the draft Home Office plans would cause “massive disruption to the entire food supply chain”. ...
Leaked immigration plans ‘catastrophic’ for industry, say employers image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:16:38 AM
.... Those in “high-skilled occupations” will be granted permits to work for a longer period of three to five years. About 4% of aerospace, defence and space industry workers are from other EU countries, while 5% of employees in these sectors working in the EU are UK citizens, with a supply chain that stretches across Europe. ...
North Sea oil and gas sector losing thousands of jobs, survey shows image
Source : Guardian [Read Article] Wednesday 6th of September 2017 05:01:22 AM
.... But data from the Oil & Gas UK, the trade body, shows a further 13,000 jobs linked to the sector were lost in the first half of 2017. The bulk of the employment is indirect jobs, in the supply chain and services such as hotels and restaurants. ...
Factory and retail sales climb despite fears of Brexit slump image
Source : Guardian [Read Article] Monday 4th of September 2017 11:01:25 PM
....Lee Hopley, chief economist at EEF, said: “Exporting companies are capitalising on growth in the world economy – Europe in particular. That’s encouraging buyers of manufactured goods everywhere, and UK is helping those supply chains, helped by the weak pound. ...
Britain's aerospace sector could be priced out after Brexit image
Source : Guardian [Read Article] Sunday 3rd of September 2017 02:33:15 PM
....High-tech manufacturers such as Dyson have dismissed concerns that extra tariffs and possible delays at borders after Brexit will hinder trade. That may be true for independent businesses but less so for foreign-owned companies that are part of supply chains across the EU, from the car industry to pharmaceuticals, plastics and, crucially, aerospace where politics plays such an important role. ...
Co-op closes in on £130m Nisa takeover as Sainsbury's pauses talks image
Source : Guardian [Read Article] Wednesday 30th of August 2017 10:31:02 AM
....Nisa’s board has been in talks with the Co-op for some time but initially preferred Sainsbury’s. Many of the group’s shopkeeper members, however, are more keen to explore joining up with the mutual as they want to preserve their independence and control over their supply chain. ...
Aldi tries to gag truck drivers' union after claims of unsafe practices image
Source : Guardian [Read Article] Tuesday 29th of August 2017 08:05:44 AM
....“If Aldi were to succeed in this case to shut down free speech, to shut down political and industrial arguments in the public eye, that would have a knock-on effect,” the TWU national secretary, Tony Sheldon, said in Sydney. Sheldon said truck drivers through the supply chain were being pressured to break the law and accept low rates of pay. ...
Amazon's tech-style takeover of Whole Foods: cheaper produce and 'farm fresh' Echos image
....”. Analysts anticipate that Amazon will be able to use its massive buying power and vast supply chain with the infrastructure of Whole Foods’ 460 stores in the US, Canada and the UK to reduce prices purely through logistics. ...
Food and drink industry says EU staff exodus will damage economy image
Source : Guardian [Read Article] Wednesday 23rd of August 2017 11:01:03 PM
....”. Andrew Opie, director of food and sustainability at the British Retail Consortium, which represents most major British retailers, said: “An abrupt reduction in the number of EU workers eligible to work in the UK after Brexit would result in significant disruption for the entire food supply chain, with consequences for the availability and price of UK goods for consumers. ...
The Guardian view on grocery wars: Lidl Britain | Editorial image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 06:12:01 PM
....This bodes well for the health of the British food industry, as do some of the methods Aldi and Lidl use to save money. They have short supply chains, which means fewer opportunities for the kind of bad behaviour that led to recent scandals over contaminated eggs and pork in UK supermarkets. ...
Seven ways to cut the cost of Britain’s rail tickets image
Source : Guardian [Read Article] Saturday 19th of August 2017 02:59:16 PM
....”. The McNulty review of 2011 into value for money in the rail industry, concluded that costs were bloated by around 30% and identified an annual £580m to be trimmed in “asset management and supply chain management” and creating “lean and agile engineering approaches”. ...
'Potential for chaos': Welsh port fears post-Brexit customs delays image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:00:31 AM
.... “This is not a port issue, this is a state issue. The government created the problem for the country, it is the state that is toying with the idea of interrupting the supply chain, it’s their problem, they have to solve it. ...
Rail fare increase signals light at the end of the tunnel for UK inflation image
....A quick look at the Office for National Statistics data for producer prices helps explain what has been going on. Producer prices are a measure of inflation early in the supply chain, since they gauge both the cost to firms of buying in fuel and raw material, and the prices of goods as they leave factory gates. ...
Sainsbury's Nisa takeover talks paused after competition concerns image
Source : Guardian [Read Article] Monday 14th of August 2017 04:31:08 PM
.... Its 1,400 member shareholders own between one and 250 shares out of almost 60,000 in total. Members, more than 70% of whom must be in favour for any deal to go ahead, have expressed disquiet over the potential Sainsbury’s deal which they believe would diminish their independence and control over their supply chain. ...
Green & Black’s new bar shows Fairtrade is under threat. But we still need it | Lucy Siegle image
....Through the Fairtrade system producers group together and gain access to market through brands committed to the social contract. The Fairtrade system guarantees a fair price and fosters long-term supply chain relationships. ...
UK car industry facing an 'utterly demoralising' Brexit image
Source : Guardian [Read Article] Friday 4th of August 2017 04:01:06 PM
....He said investments could be curtailed and the industry – which was overwhelmingly in favour of remaining – was also facing a multi-million pound bill for planning for the consequences of Brexit. Before the referendum a survey of the SMMT’s 700 members, which include manufacturers such as Jaguar Land Rover, Nissan and Toyota as well as small and medium sized supply chain companies, found that 80% wanted Britain to stay in the EU, with only 10% backing leave. ...
Green & Black's new UK chocolate bar will be neither organic nor Fairtrade image
.... The brand was bought in 2005 for an estimated £20m by Cadbury, which was later acquired by Mondelēz (formerly Kraft Foods) in 2010. Sams and Fairley, retained by Mondelēz as paid consultants, said “supply chain issues” meant it was not possible to source a sufficiently large volume of cocoa beans – from Ghana in west Africa – for the new range. ...
Populist trade policies won’t protect jobs anywhere in the world | Kenneth Rogoff image
.... Brazil and India, for example, have historically suffered from inward-looking trade policies, though both have become more open in recent years. Another problem is that most western economies have long since become deeply intertwined in global supply chains. ...
Brexit border chaos will cause huge delays and cost £1bn a year, says report image
....The Oxera report warns that past delays in building the new lorry parks risk motorway tailbacks in Kent. It says that the impact of delays and checks, known as “non-tariff barriers”, risks forcing companies to move supply chains into the EU. ...
Carmakers’ electric dreams depend on supplies of rare minerals image
Source : Guardian [Read Article] Saturday 29th of July 2017 03:00:00 PM
....76 in the past year. This is the mother of supply chain headaches, and one hi-tech car manufacturers and electronics firms could do without. ...
Carmakers say fossil-fuel vehicle ban will dent industry and stall sales image
Source : Guardian [Read Article] Wednesday 26th of July 2017 03:15:14 PM
....The switch to electric cars will require a significant investment by carmakers, experts said, as the companies re-skill their workforces, invest in research and development and retool their manufacturing facilities. “The big question: do we see this as a huge opportunity to develop new supply chains, new skills, new technologies? If we don’t develop these, they will happen somewhere else,” said Bailey, who claimed the government was not yet doing enough to support the industry’s transition. ...
How a father's tragedy moved the Teamsters to fight an opioid distributor image
.... It said it has set up extensive new mechanisms to prevent the delivery of opioids to pharmacies suspected of feeding the epidemic and is “aggressively working” to prevent pills being misused. “We are doing everything we can to help address this crisis in close partnership with doctors, pharmacists, government and other organisations across the supply chain,” it said. ...
UK labour market tsar vows to jail rogue bosses image
Source : Guardian [Read Article] Tuesday 25th of July 2017 05:01:01 AM
....“I do think we have proper laws – and we’ve just got this extra law for two-year jail sentences – and the issue is to properly enforce them,” he said. Other areas under consideration include examining how supply chains as a whole can be made to adhere more rigorously to employment laws, perhaps by mirroring rules in the US where top brands can be made jointly liable for infringements further down the supply chain, including by recruitment agencies, even if they did not directly employ the workers. ...
Pepsico, Unilever and Nestlé accused of complicity in illegal rainforest destruction image
....6m hectare Leuser ecosystem, despite a moratorium announced last June. The palm oil reaches major brands via a twisting supply chain that stretches from the PT Agra Bumi Niaga (ABN) logging company, which delivers to a processing mill owned by PT Ensem Sawita (ES), which then sells the palm oil on to some of the world’s largest traders. ...
British American Tobacco to acquire Reynolds as activists decry merger image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:51:28 PM
....President of the Farm Labor Organizing Committee, Baldemar Velasquez, said the merger has pushed him to take the fight for fair, organized labor worldwide. “The supply chain is globalized, and they put one poor group against another,” said Velasquez. ...
M&S slashes plastic use in food packaging to cut waste image
Source : Guardian [Read Article] Tuesday 18th of July 2017 05:01:11 AM
....In June Marks & Spencer set out a new Plan A ethical and sustainability programme to build on its original blueprint launched 10 years ago. As part of this it has pledged to make all M&S packaging “widely recyclable” by 2022 and to halve food waste through its supply chain by 2025. ...
HS2 contracts worth £6.6bn awarded by UK government image
Source : Guardian [Read Article] Monday 17th of July 2017 08:08:45 AM
....”. The TUC has signed a framework agreement to guarantee high employment standards and to “maximise the potential benefits of HS2 to the UK supply chain”. ...
The Guardian view on Brexit policy: time for Britain to get real | Editorial image
.... Even if the decision is to leave the single market, however, the case for remaining in the customs union endures. To leave the customs union would be devastating to modern supply chains. ...
Brexit breaks breakfast? Hard Brexit could mean hard luck for fry-up fans image
....“If the UK leaves the EU without a trade deal or transitional agreement, we can expect both higher prices and a huge spike in red tape at the borders,” Jones said. “The top priority for businesses is to fully understand their own supply chains: the volumes and values of the goods they ship back and forth and which countries they’re importing to and from. ...
Butter price at all-time high as dairy production curdles image
Source : Guardian [Read Article] Friday 7th of July 2017 11:28:15 AM
....An NFU spokeswoman said: “Over recent weeks here in the UK and across the EU, we’ve seen record prices for cream and butter at wholesale and a buoyant market, but farm-gate prices have failed to keep up – a time lag we can understand, but the lack of strong upward movement in the farm-gate milk price is extremely concerning. “The constant boom-and-bust dairy market cycle helps no one, most of all farmers who, at the bottom of the supply chain, are facing the biggest volatility risk. ...
Massive cyber-attack could cost Nurofen and Durex maker £100m image
Source : Guardian [Read Article] Thursday 6th of July 2017 07:38:33 AM
.... No longer is it limited to data and privacy compromise with expenses incurred to remediate the breach. Now we’re seeing disruption to supply chains and production, material loss of income, and physical damage becoming more of a reality. ...
Fuel savers image
Source : BBC [Read Article] Wednesday 5th of July 2017 11:12:32 PM
...."We as humans understand that New Year's [Eve] is a time when we use more power, but artificial intelligence doesn't know that, it just sees patterns," he says. Computer brains can also be used to improve control at the other end of the energy supply chain - demand. ...
World's first floating windfarm to take shape off coast of Scotland image
Source : Guardian [Read Article] Tuesday 27th of June 2017 01:55:26 PM
.... It is the second biggest of its kind, very expensive to hire – and, for now, essential in the process of lifting the turbines off the quayside and floating them. The first-of-a-kind nature means supply chain complexity, too. ...
UK on track to miss carbon emissions target due to stalled energy policy image
....The government’s decision to quit an EU nuclear cooperation treaty, Euratom, was seen as overwhelmingly negative for new nuclear projects including Hinkley Point C in Somerset. Nearly four fifths of Energy Institute members thought it would also negatively impact the UK supply chain. ...
Move by UK supermarkets threatens to bring Fairtrade crashing down image
Source : Guardian [Read Article] Saturday 24th of June 2017 11:02:13 PM
.... “Has not everyone gained?” the tea farmers asked. But the Nairobi meeting was significant because Sainsbury’s is just one of many large food and drink companies rethinking their supply chains, looking to cut costs and devising their own environmental and labour policies. ...
Queen's speech doesn't help British businesses frozen out of EU space contracts image
.... However, senior figures said the government’s ambition could be jeopardised by the impact of Brexit. Restrictions on the movement of scientists and engineers, more onerous bureaucracy in the supply chain and being frozen out of lucrative EU space contracts could all be highly damaging and some companies are already shifting work out of the UK as a result. ...
Carmakers call for interim Brexit deal or risk falling off 'cliff edge' image
.... “We must have the no-tariff, frictionless trade upon which the industry depends,” he said. Although Hawes did not expect any immediate closure of key plants, he said the risk was “death by a thousand cuts” as uncertainty led to diminishing investment and the dwindling of the supply chain in the UK. ...
Amazon to buy Whole Foods Market in $13.7bn deal image
Source : Guardian [Read Article] Friday 16th of June 2017 01:26:19 PM
....But Roberts said Amazon already operated partnerships with a number of regional supermarkets in the US as well as Morrisons in the UK and would not necessarily need to buy them out in order to expand. He said the deal was likely to be focused on acquiring access to Whole Foods’ brands, supply chain and distribution network to power the growth of its Amazon Fresh delivery service. ...
Cladding for Grenfell Tower was cheaper, more flammable option image
Source : Guardian [Read Article] Friday 16th of June 2017 12:15:05 PM
. Material used in the cladding that covered the Grenfell Tower was the cheaper, more flammable version of the two available options, an investigation of the supply chain has confirmed. ...
Gordon Ramsay's Brexit nightmare: chef hires team to halt rising costs image
....“This will have a number of potential implications including cost pressures due to the inflationary impact of sterling against the euro, recruitment and the general economic climate. “In part to mitigate the inflationary impact a procurement team has been recruited to manage the supply chain. ...
China's HNA: The biggest company you've never heard of image
Source : BBC [Read Article] Tuesday 6th of June 2017 02:52:26 PM
.... . The company's strategy involves buying businesses all along the supply chain. ...
M&S offers cash grants to community businesses in ethical relaunch image
Source : Guardian [Read Article] Thursday 1st of June 2017 06:32:53 PM
....M&S’s initiatives include cutting carbon emissions and giving grants of up to £50,000 for community businesses, careers advice to young people, and 10,000 pairs of plimsolls to children starting school. Sir Jonathon Porritt, a former director of Friends of the Earth, who chairs the advisory board for M&S’s ethical scheme, known as Plan A, said: “On all the big challenges – supply chain, climate, food waste, living wage, human rights, packaging, community investment and so on – the pressure is intensifying and expectations rising. ...
Chateau Brexit? Average price of bottle of wine reaches record high image
Source : Guardian [Read Article] Thursday 1st of June 2017 10:15:00 AM
....”. The sector employs 172,000 people directly, in wine shops, production, bottling and trade, and supports a further 105,000 in the supply chain. ...
Climate clash image
Source : BBC [Read Article] Thursday 1st of June 2017 09:37:48 AM
....Whether you're a tree-hugger, a climate change sceptic or somewhere in between, there is hard and soft data to underscore the financial toll environmental change takes on business and society. That's why companies like Kellogg and General Mills, which depend on the weather to grow grains to make cereals for example, are looking for ways to protect their supply chain. ...
UK car production fall blamed on late Easter image
Source : BBC [Read Article] Thursday 25th of May 2017 07:27:24 AM
...."Overall, British car manufacturing remains in good health with the production outlook still very positive and significant new models due to go into UK production shortly. "To guarantee future growth and investment into our industry and its vital supply chain, however, we need the next government to safeguard the conditions that have made us globally competitive, keeping us open and trading and delivering an ambitious industrial strategy for our sector. ...
UK car production falls at fastest rate in more than two​-​and​-​a​-​half years image
.... The average UK-built car has about 6,000 parts, with the majority coming from the EU and passing in and out of the country several times during the production process. “To guarantee future growth and investment into our industry and its vital supply chain, however, we need the next government to safeguard the conditions that have made us globally competitive, keeping us open and trading and delivering an ambitious industrial strategy for our sector,” Hawes said. ...
Brexit and the coming food crisis: ‘If you can’t feed a country, you haven’t got a country’ image
.... They railed against the free movement of labour. What they didn’t mention is the way the British food supply chain has, over the past 30 years, become increasingly reliant on workers from elsewhere, both permanent residents and seasonal labour. ...
UK inflation rate at highest level since September 2013 image
Source : BBC [Read Article] Tuesday 16th of May 2017 08:32:29 AM
....". Suren Thiru, head of economics at the British Chambers of Commerce, said: "Businesses continue to report that the substantial increases in the cost of raw materials and other overheads over the past year are still filtering through the supply chain, and are therefore likely to lift consumer prices higher in the coming months. ...
Ikea’s solution to peak stuff? Invest in plastics recycling plant image
....Ikea has bought forest in Romania and the Baltics, wind farms in Poland and now it is investing in a plastic recycling plant in the Netherlands. For the Swedish furniture giant, extending control across its supply chain in this way could help it become more sustainable by avoiding environmentally damaging activities like illegal deforestation and plastic waste. ...
Britons throw away 1.4m edible bananas each day, figures show image
Source : Guardian [Read Article] Sunday 14th of May 2017 11:01:29 PM
.... Damaged fruit can also be whizzed up in smoothies, chopped into fruit salads and dried as banana chips. Supermarkets have been criticised for not doing more to reduce food waste within their supply chains. ...
'I thought I was invincible' image
Source : BBC [Read Article] Tuesday 9th of May 2017 11:09:35 PM
....But it is not only a problem outside of official channels. Fake drugs can also make their way into legitimate supply chains. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
....The peers urged ministers to publish their plans for small modular reactors (SMRs) without delay, and scolded the government for not showing any urgency to make a decision. The UK and US are vying to attract the companies and supply chains to research, develop and build small modular reactors. ...
Hummus 'crisis' sheds light on secret world of mass food production image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
....”. But if there is one lesson from the shortlived hummus furore, it is to diversify your supply chain. ...
Fangs: the lightning rise of Facebook, Amazon, Netflix and Google image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
....But the Fangs also have their own unique benefits. In a tech industry with a globalised supply chain fighting anti-globalisation movements, where businesses are finding it tough to provide big improvements on devices from laptops to smartphones, and where the next big thing keeps failing to take off they sell nothing but binary code sent over the net. ...
Coca Cola to cut 1,200 jobs image
Source : BBC [Read Article] Tuesday 25th of April 2017 06:29:31 PM
....The majority of the extra cost savings will come from corporate job reductions, incoming chief executive James Quincey said in a conference call. A spokesperson added that savings would also be made through the firm's supply chain, marketing, and changes to its operating model. ...
HS2 is on its way but bid troubles and snap election could still derail project image
....75bn – a prime target for manufacturers in this country, perhaps to maintain the future of the Bombardier factory in Derby or expand the scope of Hitachi’s assembly plant in County Durham. Grayling said this contract alone would create 300 jobs and “leave a legacy for this country, boosting skills, generating employment and strengthening the manufacturing supply chain”. ...
Protectionism is rising the world over. Our best defense is fighting inequality | Wally Adeyemo image
....All credible ideas should be on the table, including potential penalties for countries with persistently large current account surpluses, particularly those that intervene in the foreign exchange market. While global supply chains may reduce the impact exchange rates have on trade, it is still critical we find new ways to address the unfair advantage some derive from manipulating their currency. ...
Jobs threatened at Diageo bottling plants in Glasgow and Fife image
Source : BBC [Read Article] Thursday 20th of April 2017 05:16:52 PM
....Unite said it was a "shocking betrayal of Scottish workers" and the GMB said it was connected to the economic uncertainties arising from Brexit. But Diageo said it followed a review of its spirits bottling business to ensure the company delivered "leading performance" in domestic and export supply chains. ...
Food and fuel inflation 'hitting UK supply chain' image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:00:38 AM
. Rising food and fuel prices are putting pressure on firms operating in the UK supply chain, an insolvency firm says. ...
Toshiba's US nuclear problems could provide cautionary tale for UK image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
....”. The absence of a mass production supply chain, due to the small number of the Westinghouse-designed reactors being built, played a part too, he added. ...
Scottish islands hold out for government U-turn on windfarm subsidies image
Source : Guardian [Read Article] Thursday 13th of April 2017 04:52:18 PM
.... In a letter to Clark earlier this year, they claimed the islands had some of the best conditions in the world due to their high wind speeds. “The resources on the islands are underused and this is our opportunity to tap into them and bring jobs, low-carbon energy and a sustainable supply chain to remote parts of the UK,” they said. ...
Trump's trade barriers would be self-inflicted wound, says IMF chief image
Source : Guardian [Read Article] Wednesday 12th of April 2017 10:15:57 AM
.... This meant working together to ensure that countries observed a level playing field, including by avoiding protectionist measures. “Restricting trade would be a self-inflicted wound that disrupts supply chains, hurts global output, and inflates the prices of production materials and consumer goods. ...
Japanese snack giant Calbee hit by potato shortage image
Source : BBC [Read Article] Wednesday 12th of April 2017 05:58:07 AM
. Japanese potato crisp-maker Calbee and its main rival Koike-Ya are facing a major crunch in their supply chain. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
....But the best explanation is surely that the US depends too heavily on China, economically and politically, for even a president as diplomatically reckless as Trump to spark a conflict. Economically, the US and China are too closely interlinked through global supply chains to be able to cut ties. ...
UK inflation rate remains at 2.3% image
Source : BBC [Read Article] Tuesday 11th of April 2017 08:32:36 AM
...."Today's producer prices release suggests that the impact of the weaker pound on manufacturers' input costs may have peaked," said Martin Beck, senior economic adviser to the EY Item Club. "However, there is still some way to go until these pressures have fully passed along the supply chain to consumers, so the headline measures of inflation are likely to climb further over the coming months. ...
Scottish economic output falls by 0.2% image
Source : BBC [Read Article] Wednesday 5th of April 2017 12:20:57 PM
....He added: "While the downturn in the oil and gas sector remains part of the explanation, it is difficult to ignore the substantial declines in construction over the past year (-6%) or in manufacturing (-7. 3%) - with all areas of manufacturing, not just those tied to the North Sea supply chain, shrinking during 2016. ...

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