Expert opinion
Bringing Industry Back Home
Alexei Garan, Head of Business Funding at Shaw & Co, asks whether it is time to 'reindustrialise'.
Supply chains for UK businesses are currently under extraordinary pressure, and such strain particularly affects SMEs as they have less control over their suppliers. This is one of the more serious by-products of the current geopolitical tensions across both Eastern Europe (war in Ukraine) and Southeast Asia (Taiwan), between – broadly speaking – East and West.
With this in mind, is it time for industries to come home? For the UK – and other Western nations for that matter – to repatriate their production capacity and re-establish supply chains on their own shores in order to futureproof their interests? To “reindustrialise”? Alexei Garan, Head of Business Funding at Shaw & Co, analyses the issue in Just Entrepreneurs magazine…
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