Santander says UK businesses are rushing to move supply chains away from China and closer to home. Santander’s Autumn 2025 Trade Barometer reveals over half of businesses with supply chain dependencies in China are actively moving away or planning to diversify, as risks increase.

67 per cent of businesses are considering moving supply chains back to the UK or the EU, it found. Jane Galvin, Head of Corporate Clients at Santander UK, said: “Ambitious UK businesses are determined to grow, but they face a challenging mix of geopolitical instability and weak domestic growth.

"As some move supply chains away from markets such as China and closer to home, others are exploring new emerging markets in countries such as Vietnam, Thailand and Malaysia.

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