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UK MPs debate onshoring amid push for local production: What to know

On Thursday, MPs took to Westminster Hall to debate the case for onshoring in the UK fashion and textiles industry, zoning in on how domestic manufacturing could support economic growth, strengthen supply chain resilience and improve labour and environmental standards. Speakers from across parties explored the balance between cost...

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Business

UK businesses plan price increases as confidence wanes in anticipation of Budget

A new report by the British Chambers of Commerce (BCC) has underlined some worrying developments in the realm of UK business, where confidence is slipping ahead of the incoming Autumn Budget. In the organisation’s ‘Quarterly Economic Survey’, for which over 4,800 UK businesses were polled, around 63 percent of firms said the Chanceller’s autumn...

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