We’ve all been there. Another successful project installed at a customer’s site. Another fantastic product delivered in good time. But while your customer reaps the benefits and makes the most of the hard work done by you and your staff, you’re still waiting for payment to land.Continue reading “Late Payments & The Missing Billions – How Much Are Delays Really Costing You?”
Update 17th July 2020
We now have a clearer idea how the government intends to support a number of industries as lock down begins to ease, but one glaring omission is any mention of manufacturing.
Rightly so, hospitality is receiving essential support from VAT reductions and restaurant offers, but what of those working in manufacturing? A study by Make UK, published by The Manufacturer puts manufacturing at 11% of Gross Value Added (GVA) and accounts for 45% of total exports, whereas hospitality contributes to just 5.9% GVA
This isn’t the time for finger pointing, and as we eluded too, hospitality needs support as much as any industry, all we ask is for support so manufacturers can look to ride out the wave as well. Let us know your thoughts in the comments below.
Continue reading “Covid 19 – Why Now’s the Time to Buy British”