PMI: Post-Covid bounce-back slows in August as pingdemic struck PMI: Post-Covid bounce-back slows in August as pingdemic struck The UK economy’s post-lockdown boom stalled this month as firms continued to struggle with staff shortages, as a result of the so-called ‘pingdemic’, but strong inflation pressures eased slightly. The IHS Markit/CIPS flash composite PMI dropped for the third consecutive month, sinking to 55.3 from 59.2 in July – its lowest since February- according to the latest [...]
Nando’s Peri Peri chicken off the table as UK favourite hit with supply shortages Nando's Peri Peri chicken off the table as Uk favourite hit shuts up shops Ongoing supply chain disruptions have caused Nando’s to shut several restaurants while industry suppliers warn of worse to come. With the ‘pingdemic’ raging on, reduced numbers of lorry drivers and staffing shortages at suppliers have significantly impacted Nando’s operations. The UK based restaurant group recently suffered a chicken shortage and subsequently had to close 45 [...]