003 GGP 0815

GGP August 2015

EDITOR’S COMMENT In the wake of the recent Summer Budget, we have comment from several industry experts this month, all keen to express an opinion on the strengths and weaknesses of the Chancellor’s latest grand designs and what effects they have, if any, for our sector. Iain McIlwee, CEO of the British Woodworking Federation, believes that it raises a number of complex issues, including the possibility of indirect and hidden costs to the construction industry and that there is concern to be had about the future security of income for housing associations and the impact this could have on refurbishment programmes. Changes to tax breaks for private landlords and an increase in minimum wages are also cause for concern among our commentators. The former is a measure that’s designed to make the buy-to-let market less attractive and therefore give first time buyers more of a chance to get on the property ladder but the flip side of this, argues Emplas’ Mike Crewdson, is that landlords may just increase rents and spend less on home improvements as a result. As for the raise in minimum wages, a move designed to improve the fortunes of millions of workers by 2020, Crewdson suggests this could have a negative impact on businesses that have relied on cheap labour, especially those that haven’t made investments in the latest labour saving machinery on the factory floor – a sentiment echoed by Stuga’s Steve Haines on page 70. On a more positive note, Deceuninck’s MD, Roy Frost, says that on balance, the budget seems to be ‘positive and relevant’ for our industry and that while the Chancellor perhaps didn’t do everything we would have liked him to do, he has actually created the conditions for ‘good and steady growth’. One man who isn’t so upbeat however, is regular GGP columnist Danny Williams, who is not only critical of the changes to tax relief for landlords, but also the increase in taxation on dividends from April next year – a move he describes as ‘an attack’ on small business. Danny certainly does seem to have a bee in his bonnet this month, because he’s also taken exception to the fuss being made out of the apparent growth of ‘builder installers’ as highlighted in the recent Insight Data market report – see Fabricator View on page 68 for the full story. Last but not least, I have to mention the launch of the latest GM Fundraising cycling challenge, full details of which are on page 10. Called the Border2Border Challenge, it features a gruelling 2,000-mile route that runs from Canada to Mexico over some of the toughest terrain on the planet. Training has already begun and you can follow the progress of the team on GM Fundraising’s website and social media. Editor 3 ARE YOUR JACKS CE MARKED? THE EN 1090 STANDARD IS A MANDATORY REQUIREMENT FOR ALL EXECUTION CLASS 2 (EXC2) STRUCTURES - I.E. ALL STEEL STRUCTURES AND/OR ALUMINIUM STRUCTURES MUST CARRY A CE MARK TO ENSURE THE CONFORMITY OF STRUCTURAL COMPONENTS WITHIN BUILDINGS. DON’T TAKE A CHANCE - USE WINDOW WIDGETS JACKS! @windowwidgets #imalrightjack and look for the #pinknuts T 01452 300912 / F 01452 416654 / E sales@windowwidgets.co.uk / W www.windowwidgets.co.uk


GGP August 2015
To see the actual publication please follow the link above