UK economy has been hit hardest among its European peers by shipping disruptions in the Red Sea

EUROPE — The UK economy has been hit hardest among its European peers by shipping disruptions in the Red Sea, an S&P Global PMI survey released this week shows. According to the findings, 12% of UK manufacturers report that delivery times have been affected due to Houthi rebel attacks on ships traversing the waterway, which have forced shipping companies to reroute vessels around the southern tip of Africa. Slightly fewer companies have been impacted in Greece (9%), France, and Germany (both 8%)... rt.com