With the pound weakening, wage increases in China and the Coalition keen to promote British manufacturing as a way to reduce the UK’s huge trade deficit, reshoring is the term of the moment.
The Associate Parliament Manufacturing Group (APMG), the organisation dedicated to raising the profile of manufacturing in Parliament and part of think tank PolicyConnect, has released a report analysing the reshoring phenomenon and its implications for British manufacturers. APMG found that in in 2009, one in seven companies with production in a low labour cost economy had…
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