News Formal

UK becoming less attractive for investment, manufacturers warn

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Britain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an industry survey released on Monday. | Reuters

Make UK said the plans are likely to lead to exacerbate cuts to jobs and production that were already in the pipeline.

Manufacturers in Britain have struggled of late, with closely-watched S&P Global business surveys showing they suffered a more a severe downturn in December than other Group of Seven nation peers. “Ongoing supply chain disruption, access to labour and high transport costs which show no sign of abating can be added to a growing sense of economic and political uncertainty in their main markets.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK becoming less attractive for investment, manufacturers warnBritain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an industry survey released on Monday. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »