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Shops rush for Christmas stock as shipping costs surge

Source: BBC

8 hours agoDeborah Weitzmann,Business reporterGetty ImagesEuropean retailers are rushing to place their Christmas orders early as soaring shipping costs and trade route disruption threaten holiday deliveries, experts say.For the last few months, vessels belonging to Western firms have been attacked in the Red Sea by Houthi rebels backing Hamas in its war with Israel, driving shipping prices up.Container prices,…

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Read the original source at BBC