Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 11
11
The world has never been more interconnected, and the UK economy is dependent on complex...
Conclusion
The world has never been more interconnected, and the UK economy is dependent on complex and interwoven supply chains. Consumers, businesses and public institutions rely on supply chains where objects repeatedly cross borders, often on a “just-in-time” basis where the slightest disruption can have enormous impacts. The complexity of supply chains promotes efficiency, low prices and consumer choice, but leaves the UK economy vulnerable. (Conclusion, Paragraph 46) 94