Supply chain disruption remains one of the biggest challenges facing Yorkshire businesses, as companies gear up for end of year trading, according to a new report.
Two in 10 Yorkshire companies have ranked supply chain pressures as one of their top challenges, with issues such as folding suppliers, stock shortages, and rising costs topping the list, according to BDO’s bi-monthly Economic Engine survey of 500 mid-market businesses.
Clearly more needs to be done in the eyes of Yorkshire businesses.” However, despite the pressures, businesses have a firm eye on priorities for the next six months, as they attempt to readdress the balance. According to the survey, 29 per cent of Yorkshire businesses intend to take on new equity investment, with nearly a quarter focusing on upgrading premises for larger space, or moving to a better location.
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