Economics
U.K. Seeks to Diversify Supply Chains as ‘Future Shock’ Defense
- British government looking to prevent shortages in crises
- Virus response effort in U.K. suffered from lack of supplies
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The U.K. is examining how it sources goods and supplies from around the world in a bid to be better prepared for future shocks like the coronavirus pandemic.
“What we’re looking at is what steps we can take to ensure we have diverse supply chains in place to avoid shortages,” Prime Minister Boris Johnson’s spokesman James Slack said on a call with reporters Friday. The pandemic “has demonstrated the importance of resilient supply chains to ensure the continued flow of essential items and keep global trade moving,” he said.