Article 2Q4K5 Ikea seeks to make more products in UK to fend off post-Brexit vote price rises

Ikea seeks to make more products in UK to fend off post-Brexit vote price rises

by
Sarah Butler
from on (#2Q4K5)

Weakened pound pushes Swedish furniture chain to look at making and sourcing more than the odd mattress or sofa in UK

Ikea is considering making more products in the UK as the Swedish furniture chain bids to fend off Brexit-led price rises.

The retailer already makes some sofas and mattresses in Britain, but UK boss Gillian Drakeford said it was actively examining how it might increase that work while looking at other products that can be sourced domestically.

Related: Ikea to create 1,300 UK jobs in three new stores

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments