UK manufacturers plan stock buildup for Brexit

London

MANY UK manufacturers are considering whether to build up stocks to ease the risk of Brexit-related trade delays, the head of one of the country's biggest business lobby groups said, after Airbus SE flagged the issue.

Firms are also looking at whether to expand their storage capacity to accommodate for increased stockpiles, to ensure they're able to deliver to the same timescales after Brexit as now, British Chambers of Commerce director General Adam Marshall said on Wednesday in a phone interview. Airbus last week said it may have to stock up on parts it needs to build wings at its UK plants to avoid the risk of delays to deliveries after Britain leaves the EU.