Work is returning and we must be ready to grab it
Published 28/01/2014 | 02:30
IN Davos last week, British prime minister David Cameron gave a passionate speech about how his country could become the "re-shore nation" by bringing lost jobs back from overseas.
The reasons are simple enough: rising fuel costs and higher salaries mean it is sometimes cheaper to make things in Europe while a shorter supply chain allows businesses to react more quickly to consumer demands.
Fashion group H&M is considering something similar as it struggles to compete with the short supply lines of rival Zara, which makes clothes in Spain.