Chain Reaction Podcast News Round Up 17th December

All things impacting global supply chains this week with Tony Hines

• Demand for energy increases in Europe as cold spell takes hold.
• War in Ukraine continues.
• China may get back to normal in 2023.
• Peak season -what peak season?
• Manufacturing in the UK falls in 2022
• Check out what has happened in US Tech sector jobs
• Freight costs soften but what happens when China reopens for business
• Chinese ports operating normally and zero COVID policy has ended 
• Sea lanes getting back to normal
• All change at the top at Maersk
• Vancouver auto show cancels
• Volitality still impacting global supply chains 
• Will inflation fall in 2023
• Are China suppliers less reliable and will that force businesses to shop elsewhere.
• Germany's Due Diligence Act comes into force in January 2023.
• 80 per cent of firms in SW UK experienced supply chain difficulties – Brexit remains an issue for these firms – says a study by Barclays Bank Corporate
• 70 per cent of firms in Europe and the US have been forced to source goods elsewhere because of the war in Ukraine, Global Trade Difficulties and Brexit
• Interest rates up in the UK and US this week – Inflation rates are lower but it is hoped that these new increases will dampen inflation further.
• Bank of England rates at 14 year high 3.5%
• Federal Reserve raised interest rates to 4.25-4.5%. In the US interest rates are at a fifteen year high.

Catch up with any episodes missed.

You can follow Chain Reaction on LinkedIn, Twitter and Facebook

Share on Facebook

Tweet

Follow us