Red Sea attacks delaying goods and pushing up costs, firms say

BBC: British firms say they are facing higher shipping costs and delays of up to four weeks due to Houthi attacks in the Red Sea, a business group said.
More than a third of the firms surveyed by the British Chambers of Commerce (BCC) said they had been affected.
That figure rose to more than half among exporters responding to the survey.
The added costs could contribute to higher prices in the UK economy generally, the BCC warned.
“There has been spare capacity in the shipping-freight industry to respond to the difficulties, which has bought us some time,” William Bain, BCC head of trade policy, said.