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UK Earmarks $6.2 Billion for Struggling Businesses

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

Following the start of a third national lockdown to curtail the spread of Covid-19, the U.K. will now provide $6.2 billion in aid to support struggling businesses impacted by the pandemic, including hard-hit high street retail. U.K. Prime Minister Boris Johnson on Monday announced the lockdown, which is expected to last through at least mid-February….

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