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Special Report: UK manufacturers hit by cash/pandemic double whammy

The UK manufacturing sector is bracing for financial losses brought about by the pandemic.

But a new report out today says finances in the manufacturing sector were already in trouble before the pandemic from inadequate cash management, late payment and overly complex supply chains.

The supply chain and operations consultancy Insider Pro completed a comprehensive examination of 1,500 SME manufacturers accounts for the last 5 years. Nick Peters spoke to Insider Pro managing director Jeremy Bowley about the UK Manufacturing Barometer.

Photo by Kateryna Babaieva from Pexels