Britain COST UPS Manufacturing Gap Britain

‘Perfect storm’ for UK manufacturers as costs, credit and cash crunch looms

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theguardian.com

Britain’s manufacturers are facing a “perfect storm” crisis of rapidly rising costs and towering debts that many fear could push them over the brink, according to a new survey.The leading industry trade body on Monday urged the government to introduce payment holidays on loans, warning that thousands of firms faced a “tipping point” that could make their business models unviable.Make UK said the UK’s manufacturing sector was facing “an unprecedented combination of a post-Covid credit, cash and

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