Businesses going bust, job losses and rocketing Christmas prices for consumers.
That’s the festive doomsday scenario facing the UK’s retail sector as the southern port of Felixstowe – the UK’s busiest container port – hits a cargo loading and unloading backlog.
The legacy of a failed IT rollout in June and ongoing shortage of haulage capacity has resulted in an ongoing packed quayside and half empty warehouses as shipments take up to 14 days to process rather than the usual three to five days.
Reta...