UK Factories Hit by Worst Supply Chain Stress Since 2022

Source: bloomberg.com

UK manufacturers are facing the worst supply chain disruptions since 2022, as revealed by S&P Global's Purchasing Managers' Index (PMI). The survey shows suppliers delaying deliveries at the fastest rate in nearly two years due to global issues like Red Sea shipping problems. This matters because it threatens factory output, raises costs, and signals broader economic strain for businesses and policymakers.