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Historically low interest rates, favourable land bank tax structures, the “Help To Buy” scheme (now in its 8th year), stamp duty holidays, a blind spot to the ongoing scandal of leasehold unfairness, Rishi Sunak’s £7.1bn National Homebuilding Fund…House builders seem to enjoy support above and beyond any other market.
The US has caused controversy in recent weeks with the introduction of trade tariffs on steel and aluminium imports, in a move that is likely to heavily impact these industries around the globe.
As Covid-19 lockdown measures are eased in the coming weeks, many industries are now being forced to evaluate how – and if – they can function in a socially-distanced society, incorporating new rules that may need to remain in place for many months.
Corporate Road Solutions 24/7 (trading as Beau) has recently gone into administration. The Bathgate-based firm has cited reasons for the collapse as "increasingly challenging market conditions and cost pressures”.
The UK Road Haulage sector is seeing a steady recovery in business values as the pandemic recedes. However, new storm clouds continue to gather on the horizon and turbulence is already being felt by hauliers across the land.
Dignity, the UK’s biggest and perhaps most embattled funeral business is starting life as a new private company. The deal, by a consortium of current investors led by former CEO Gary Channon, values the equity of the business at £280m.
Surging demand and increased building regulation scrutiny have led to soaring profits and business valuations across the fire protection market.
According to Andy Williams, it’s the most wonderful time of the year - but for many of the industries that rely on it, Christmas 2021 looks set to be yet another filled with disruption and uncertainty.
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 electronic cigarette industry is one of the fastest growing markets in UK. Research from business intelligence firm Plimsoll Publishing has rated over half of the companies in the market as financially strong or good, and has found that nearly 20% companies have increased in value over their latest financial year.