Firms optimistic after removal of Covid restrictions but face 'pingdemic' and drop in imports Britain's biggest retailers are warning their stock levels have fallen to the lowest since 1983 amid a sharp drop in imports and pandemic staff shortages across the economy. The Confederation of British Industry's monthly survey of big retail and wholesale firms found that stock levels in relation to expected sales fell in August, hitting a new record low for a fifth consecutive month.
UK retailers warn stock levels at 38-year low amid staff and supply shortages
The Guardian - 24 Aug 2021 14:14
Firms optimistic after removal of Covid restrictions but face 'pingdemic' and drop in imports Britain's biggest retailers are warning their stock levels have fallen to the lowest since 1983 amid a sharp drop in imports and pandemic staff shortages across the economy. The Confederation of British Industry's monthly survey of big retail and wholesale firms found that stock levels in relation to expected sales fell in August, hitting a new record low for a fifth consecutive month.
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