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Leading figures in the glass market are warning that high energy prices could see many UK manufacturers shut down. David Dalton of the British Glass Manufacturers Association said some companies were days away from halting production.
The UK meat market is facing a perfect storm that, unless government intervention is forthcoming, could lead to empty shelves, chronic price inflation and even company failure.
It’s almost 25 years since Alan Greenspan coined the phrase “irrational exuberance” to warn of the potentially overvalued nature of some stocks in the mid-90’s, right before the dot-com bubble burst. As today’s world economy grapples with trading conditions incorporating a global pandemic, an ever-shifting geopolitical landscape and the growing perils of climate instability, is there irrational exuberance in share prices or is it really different this time?
Imagine that your most important supplier has unexpectedly announced they have ceased trading. What would you do? Desperately Google for other suppliers? See prices soar as scarcity drives up the pricing power of remaining suppliers?
According to recent statistics, deals for overseas companies to acquire UK businesses are still occurring at twice the rate of domestic agreements. Clearly, UK PLC remains for sale to the highest bidder, but buyers continue to be a little cautious.
After almost five long, often tense years of negotiations, the UK has formally signed a free trade agreement with the EU. The spectre of no deal and anxiety about spoiled loads sat at Dover and planes grounded at airports have abated considerably.
As with all areas of the British economy, the UK’s leading Insurance Brokers have seen something of a sea change over the past few years.
Despite profit margins soaring to decade highs and values leaping across the cleaning sector, storm clouds are gathering.
The vaccines are working. The kids are going back to school. The road map back to a more normal life has been laid out by the Prime Minister. With that in mind, what better time to draw a line in the sand and review and assess what impact COVID-19 has had on some of UK PLC’s bellwether, major companies?
Every company must start developing their own “Bounce Back Strategy” now. One way to decide what steps are right for your business is to look at what the best and biggest are doing and see if any of their strategies apply to your business.