Quote:
Originally Posted by Hugh
We still imported £36.2 billion and exported nearly $36.9 billion's worth in May (and about the same in April), which while being around 30% less than the same months last year, still worth a lot more than "bugger all". |
I would be happy with that 'bugger all' in my bank account...
The ONS figures are interesting in that machinery, transport equipment and fuels were the biggest drops as I guess we stopped moving around.
The fragility of supply chains was highlighted during the recent virus outbreak. Remember the egg shortage? That wasn't because chickens suddenly stopped laying eggs, it was because there are three egg box manufacturers in Europe and the one in Denmark closed. This created a Europe wide shortage with eggs sitting in warehouses with no way to ship them.