Bringing together academics and businesses, the council is expected to convene for the first time in the next three months. It will be tasked with predicting potential issues and advising on action to secure supply, such as finding alternative sources including the potential for more UK production.
The council is part of a strategy, published by the industry and economic security minister Nusrat Ghani today, to guard against what she described as disruption to global supply chains from "geopolitical fragmentation", the effects of extreme weather and new technologies. More than 100 UK firms have contributed.
Businesses will be asked to report disruption affecting critical imports via a new online portal so that government can act quickly.
The strategy was conceived during the pandemic when supply chains were affected by factory closures, but it has been given new impetus as attacks in the Red Sea threaten higher prices on imports.
Denne historien er fra January 17, 2024-utgaven av The Guardian.
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Denne historien er fra January 17, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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