Within the space of six weeks the Coronavirus has led to unprecedented restrictions on movement and shut down of industries in mainland China. As shipments can take around six weeks to arrive in the U.K., the impact of this shutdown is yet to be fully felt by U.K. businesses.
As a core exporter of electronics, furniture, clothing and tourists it is likely numerous U.K. businesses will feel the operational and financial impact of the emergency either directly or indirectly through their global supply chains and sales channels.
Businesses and management teams must plan ahead to understand these risks, ensure business continuity and resilience to these factors.
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