the-metals-warehouse

Shipping woes could be good news for UK manufacturing, says metals boss

Port congestion and skyrocketing shipping rates are not all bad news for UK industry, argues Gary Peters, director at The Metals Warehouse. In recent history, the country has lost a lot of business overseas as China was the cheapest option for manufacturing materials. In terms of cost of production and labour, it probably still is, but with businesses  having to pay over $16,000 (£11,500) to get containers to the UK, this ... [+]