economy

Expect A Rise In Fenestration Companies Going Bust

We’re about to go through a hell of a hangover from the last two years. With unbridled success in 2020 and 2021, juiced thanks to Government-funded stimuli such as furlough and grants for businesses, we will not be able to escape the after-effects. The war in Ukraine has certainly not helped global economics, putting [...]

By |2022-09-13T23:39:58+01:00September 13th, 2022|Categories: business, double glazing industry, economy|

Open Letter: Roy Frost, MD Listers, Reaction To The Raising Of The Energy Price Cap

OPEN LETTER: On Friday [26/8/22] we learnt that we were all going to be a little less well off. Ofgem confirmed that the raising of the energy price cap will push average household energy bills to £3,549. To put that into context that’s around an 80% increase on what we were paying in April [...]

By |2022-08-26T16:38:30+01:00August 26th, 2022|Categories: business, double glazing industry, economy|

Inflation Breaks Double-Digits And Hits 10.1%

In more grim news for the UK economy, data out of the ONS today showed that inflation in July reached 10.1%, once again exceeding forecasts. A couple of weeks ago the Bank of England published some dire forecasts for the UK economy, but even those may now look underdone on the back of the [...]

By |2022-08-18T00:11:53+01:00August 18th, 2022|Categories: business, double glazing industry, economy|

Like It Or Not, You’re Going To Have To Pass On Those Price Increases

Although not as constant as last year, the raw material prices continue to edge up. The latest being glass prices. PVC resin prices appear to have become more stable of late and the cost of aluminium has fallen from record highs following Russia’s invasion of Ukraine. Raw material prices plateauing is one thing, the [...]

By |2022-08-02T21:54:39+01:00August 2nd, 2022|Categories: business, double glazing industry, economy|

Fabricators Call For An Alternative Approach To Pushing Price Rises Down The Home Improvement Supply Chain

Six leading fabricators of products in the home improvement sector have called for a halt to the ongoing practice of pushing price rises at the top down the supply chain. Central Window Systems, Conservatory Outlet, Listers, Roseview, Prefix Systems and SolarFrame have joined forces to urge firms in the sector to work together to [...]

By |2022-07-22T13:46:49+01:00July 22nd, 2022|Categories: business, double glazing industry, economy|

Open Letter: Energy Prices And Their Impact On Retail

Open letter from Rob McGlennon, Deceuninck UK Managing Director: ‘22% of homeowners intend to make home improvements in the next 12 months’*. That’s up from 16% in the final quarter of 2021. Why do more people intend to make home improvements now? Well, it’s because they’re concerned about rising energy costs, and want to [...]

By |2022-07-21T11:01:03+01:00July 21st, 2022|Categories: business, double glazing industry, economy|

Inflation Reaches 7%

As expected, inflation in the UK continues to rise. In March, inflation rose to a 30-year high of 7%, up from 6.2% in February. Crucially, this still doesn't take into full account the invasion of Ukraine by Russia and the energy price cap rise which came into force at the beginning of April. Therefore, [...]

By |2022-04-13T17:10:59+01:00April 13th, 2022|Categories: business, double glazing industry, economy|

Markets Are Beginning To Break And It Will Affect Everything

The war in Ukraine grinds on, and with each day the humanitarian crisis grows. Millions of people are being displaced within the country and are fleeing to their neighbours in Eastern Europe. But as the war in Ukraine continues, the fallout of the conflict is now very much working its way into various markets [...]

By |2022-03-09T22:43:15+00:00March 8th, 2022|Categories: business, double glazing industry, economy, Ukraine Crisis|

Inflation Rises Again

Against expectations, inflation in January rose once again, for the fourth month in a row, to 5.5% from 5.4% in December. Whilst 0.1% might not seem all that much, it was predicted that rates would either remain stable or dip slightly due to the festive period. The outlook doesn't look any better in the [...]

By |2022-02-16T14:41:19+00:00February 16th, 2022|Categories: business, double glazing industry, economy|

Inflation Rises To 5.4% – Fenestration Has To Take Note

As predicted, inflation has risen once again. Figures out today show that inflation has risen from 5.1% in November to 5.4% in December. There are no signs that the rises will be stopping imminently. This is a near 30-year high. Rising inflation is causing a cost of living crisis which is going to affect [...]

By |2022-01-19T14:03:35+00:00January 19th, 2022|Categories: business, double glazing industry, economy|

UK Inflation Surges To 5.1%

Another month and another inflation figure that surges past all previous estimates. UK inflation in November spiked to 5.1%, up from 4.2% in October. This blows past estimates of 4.8% and the prediction from the Bank of England that inflation in the UK would rise to 5% in Q1 of 2022. This is a [...]

By |2021-12-15T11:55:15+00:00December 15th, 2021|Categories: business, double glazing industry, economy|

This Is Why Prices Are Rising So Much

You can feel the frustration growing. Prices in the fenestration sector have been rising sharply all year, and the New Year looks set to herald a new wave of very steep price increases across a number of different materials. The sector is frequently taking to social media to vent their frustration at the constant [...]

By |2021-12-02T17:08:42+00:00December 2nd, 2021|Categories: business, double glazing industry, economy|

Inflation Surges To 4.2%

Data released today confirmed that the UK is undergoing a rapidly increasing squeeze on the cost of living, with inflation surging to 4.2% in the month of October compared to the same period last year. That is the highest in a decade and will put further pressure on the Bank of England to raise [...]

By |2021-11-17T16:41:26+00:00November 17th, 2021|Categories: double glazing industry, economy|

Has The Slowdown Begun?

In a press release issued by Business Pilot this week, they report that leads for new windows and doors are down 12% in October compared to the previous month. In recent months it has been noticeable that the tone of the conversation has changed. So is this the start of a more protracted decline [...]

By |2021-11-09T23:21:42+00:00November 9th, 2021|Categories: business, double glazing industry, economy|

BMBI Reports Continued Strong Year-On-Year Growth

This is a sponsored article by The BMBI: The latest report from the Builders Merchant Building Index (BMBI) reveals that builders’ merchants’ August value sales were 23.0% higher year on year, with Timber & Joinery products once again topping the list of best-performing categories (+51.5%). Helped by one more trading day this year, eleven [...]

By |2021-10-20T11:49:41+01:00October 20th, 2021|Categories: business, economy, MRA Marketing|

UK Economy Grows 4.8% In Q2

In positive news for the UK economy on Thursday, it was announced by the ONS that UK GDP grew 4.8% in Q2 this year. This was under forecasts of 5%, but still represents a strong quarter as further lockdown restrictions eased. UK economy continues to bounce back Q2 was always going to be a [...]

By |2021-08-13T12:40:28+01:00August 13th, 2021|Categories: business, double glazing industry, economy|
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