The clothes factory scandal has sent shockwaves through the UK and its clothing industry, and some are saying the UK is losing out on an estimated $5 billion annually.It has been widely criticized as the worst industrial disaster in its history.“The clothes industry has been losing billions of pounds a year and we are losing […]
Month: December 2021
How much is the UK getting for its exports?
When it comes to exports, the UK is getting the biggest bang for its buck.It has earned the title of the world’s biggest exporter of clothing, behind only Japan and the United States.The data was compiled by the consultancy IHS Markit.The data includes the cost of goods sold and the amount of profit the company […]