Supply chains – UK container port strike – Economy

A multi-day strike by dockers at Britain’s largest container port threatens to further strain British supply chains. “Almost half of British container traffic goes through the port of Felixstowe and 65 percent of incoming containers,” said British trade expert Rebecca Harding of the German Press Agency. An eight-day strike, as planned from Sunday, means a risk for imports and exports worth around 800 million pounds (around 950 million euros) – the clothing and electronics sectors are particularly affected. 1,900 employees at the port of Felixstowe on the east coast of England wanted to stop working on Sunday. The Unite union called the strike after a failed agreement with the employer, the Felixstowe Dock and Railway Company. The offer of a seven percent wage increase is not high enough for the union in view of skyrocketing consumer prices. Unite announced the incipient strike would “send massive shockwaves through UK supply chains”. In Liverpool, too, the dockers want to lay down their work shortly.

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