economy

UK To Get 6 Chinese Built Prefabrication Home Building Factories

There is a widely used saying in this country: if you want a job doing, doing it yourself. Often used when you rely on someone or something else to get a job you want or need done. When it comes to housing, we have relied on the Government for many years to give the [...]

By |2016-12-20T23:38:08+00:00December 20th, 2016|Categories: double glazing industry, economy|

2016 Autumn Statement Review: Infrastructure And Productivity In Focus

Today was UK Chancellor Philip Hammonds's first Autumn Statement, and it was also his last. But more on that later. This was the first major economic announcement since the UK voted to leave the European Union, which made this usually mediocre yearly affair little more tasty than usual. Much of it was leaked to [...]

By |2016-11-23T22:32:30+00:00November 23rd, 2016|Categories: business, double glazing industry, economy|

Chancellor Plans To Reduce VAT From 20% To 17.5%

I've been away from the news for the last 24 hours or so, but even this was a surprise to me. Chancellor Philip Hammond is set to reduce VAT from 20% to 17.5%. Not this Autumn Statement though. It's most likely to happen in the Spring 2017 Budget. According to reports, he is going [...]

By |2016-11-20T23:35:23+00:00November 20th, 2016|Categories: business, double glazing industry, economy|

Labour Wants A £10+ Minimum Wage – Agree Or Disagree?

Its conference season at the moment, and as of writing, it's the Conservatives that are holding theirs. But it was the Labour conference last week that saw a policy grab the attention of the media and some of us too. Shadow Chancellor John McDonnell in his speech stated that under a Labour Government they would [...]

By |2016-10-24T20:23:30+00:00October 2nd, 2016|Categories: business, double glazing industry, economy|

UK Industry Now In It’s Third Recession In Eight Years

Whilst the UK continues to prepare for the EU referendum on June 23rd, in the background our economy appears to be creeping closer and closer to negativity and possible recession. Yes, that "R" word again. It never seems to be that far away. But for industry in this country, the latest figures released show that [...]

By |2016-10-24T20:23:36+00:00May 11th, 2016|Categories: double glazing industry, economy|

Construction Output Down 0.9% In Q1 – Should We Be Worried?

On Wednesday the UK's economic figures for the first quarter were announced, and they did not make for exciting reading. Perhaps more immediately concerning for the window and door industry are the construction figures that came with them. UK GDP growth down to just 0.4% The ONS announced on Wednesday morning that GDP growth in [...]

By |2016-10-24T20:23:38+00:00April 30th, 2016|Categories: double glazing industry, economy|

Tata And UK Steel: An Industry In Crisis

The word "crisis" is used all too often in the media. Whenever there is a spot of trouble, out they come with the "crisis" headline. However, this is perhaps the only word applicable when describing the perilous situation UK steel finds itself in right now. You will have had to have been hiding under a [...]

By |2016-10-24T20:23:39+00:00March 30th, 2016|Categories: double glazing industry, economy|

Today Is #Budget2016 – What Could Be In Store?

Today is George Osbourne's annual day in the spotlight. It's Budget day. And with the UK and global economic outlook getting gloomier by the month, it's going to a tough one. His tool box of tricks is running low. What we already know This has been written before the Chancellor's statement, so if you're reading [...]

By |2016-03-15T21:42:28+00:00March 15th, 2016|Categories: double glazing industry, economy|

The Economy Grew Last Quarter, But It Doesn’t Tell The Whole Story

Figures released on Thursday showed that the UK economy grew by a steady 0.5% in the last quarter of 2015. This is the first estimation, and there are two more opportunities for that to be revised over the coming weeks, though they rarely are. One the face of it it seems like good news. There [...]

By |2016-10-24T20:23:41+00:00January 30th, 2016|Categories: double glazing industry, economy|

Spending Review: Big Business To Pay 3% Levy To Fund 3m New Apprenticeships

You couldn't escape it on the news or social media on Wednesday, it was the 2015 Spending Review. This was George Osbourne's opportunity to tell Parliament and the UK how he plans to spend the UK's money over the next five years. Some of the information was leaked beforehand, as per normal budgetary behaviour, but [...]

By |2016-10-28T15:11:35+00:00November 25th, 2015|Categories: business, double glazing industry, economy|

The Spending Review And Autumn Statement

It happens once every five years. Not as exciting as a World Cup or the Olympics, but arguably more important. Today George Osbourne will announce his spending review, along side the annual Autumn Statement. Including the Budget earlier on this year, that will be three UK Government financial statements in one year. Do we really [...]

By |2016-10-24T20:23:42+00:00November 25th, 2015|Categories: double glazing industry, economy|

Could The National Living Wage Be Harmful To Window And Door Companies?

Most of us should all now have heard of the Government's new National Living Wage. This is not to be confused with the voluntary Living Wage which is promoted by the Living Wage Foundation. It is the latter which increased by 40p on Monday. The National Living Wage is going to be introduced by Government [...]

By |2015-11-02T23:26:12+00:00November 2nd, 2015|Categories: double glazing industry, economy|

What Does The B&Q Closures Say About Trade Work?

A little while ago it was announced that Kingfisher, owners of the B&Q chain, was to close 60 of it's stores across the UK. The group reported profits of £664m for 2014, down 15.2% on the year previous. But it wasn't all bad news. Kingfisher also owns the trade outlet chain Screwfix. They also announced [...]

By |2016-10-24T20:23:51+00:00April 17th, 2015|Categories: double glazing industry, economy|

Who Would You Vote For?

There is just over 40 days left until one of the most unpredictable and important General Elections in decades. Whether you're interested in politics or not, this industry is directly affected by the policies and decisions this, and all governments will take. Our votes, and how we run ourselves and our businesses, will depend on [...]

By |2016-10-24T20:23:53+00:00March 25th, 2015|Categories: double glazing industry, economy|

One Rather Serious Side Effect To Cheap Oil Prices

The massive drop in oil prices has been rather welcome for us lot in the West hasn't it. The price of everyday goods has dropped. The weekly shop costs you less, so does filling up the car at the petrol station. It's taken off some of the financial pressure and given us a few quid [...]

By |2016-10-24T20:23:57+00:00December 29th, 2014|Categories: economy|

Christmas Eve Disaster As City Link Goes Into Administration

Christmas is a time when most us look forward to spending some quality time at home with friends and family, safe in the knowledge that all is well in our little worlds. However, for the workers of parcel delivery company City Link, Christmas was about to be ruined for over 3000 families. Administration on Christmas [...]

By |2014-12-29T14:01:51+00:00December 29th, 2014|Categories: economy|