Business | Business News Global shipping firms have continued to pause shipments through the Red Sea after attacks on commercial vessels have caused weeks of disruption along the important trade route. The boss of fashion chain Next said on Thursday that it could delay stock deliveries and impact sales. Here the PA news agency looks at what has happened and what the knock-on effects could be for people in the UK. – What is happening in the Red Sea? Since late November, Iran-backed Houthi rebels in Yemen have attacked container ships going through the Red Sea, one of the world’s busiest shipping routes. If the threat from Houthi…
Red Sea attacks: What has happened and what does it mean for prices?
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