IHS Market/Cips survey reveals stockpiling, shipping delays and congestion at UK ports
Manufacturers are stockpiling goods as disruption at Britain’s ports before the end of the Brexit transition period piles pressure on UK companies, raising the likelihood of supply shortages.
With little more than two weeks before the UK leaves the EU single market and customs union, the latest monthly survey from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) said British companies were struggling to import goods owing to congestion at the county’s main ports.
