More of Ikea’s goods may soon be made in the UK. The Swedish furniture maker is considering sourcing more products in the UK, a reaction to a weakening pound and the potential for new tariffs on trade between the European Union and the UK, Sarah Butler reports for The Guardian. Currently, the company makes about 60% of its products in the EU; it believes that shifting production could double market share in the UK, the company’s UK leader explains. Ikea has another reason to keep prices low: It anticipates that inflation soon will weaken customers’ spending power.
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