Goods worth $29 billion stranded in warehouses due to supply chain delays
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A report by Barclays Corporate Banking said that goods worth £23.6 billion ($29.4 billion) are piling up in the U.K. manufacturers' warehouses due to supply chain disruptions, Punchline Gloucester reported. The report found that 72% of businesses are currently holding unfinished goods in their warehouses as they are awaiting the delivery of raw materials, ingredients or components, which has been delayed due to supply chain disruptions.
