Tag Archives: Economy

BMF: Spring budget “missed opportunity to get Britain building”

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The Builder’s Merchant Federation’s (BMF) CEO, John Newcomb, has expressed his disappointment with the chancellor’s Spring budget. He explained that the budget is a “missed opportunity to get Britain building again”, and is designed to buy short term electronical support as opposed to promoting the long-term economic success of the …

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Travis Perkins cuts jobs in first step of its cost cutting drive

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Travis Perkins has revealed it axed jobs at the end of last year and stated it plans to make further cuts as a result of a slowdown in construction. The Group, which also own Toolstation, mainly cut jobs at its Northampton headquarters and its central support teams – some of …

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BMF’s Winter Sales Forecast predicts gradual growth in 2024

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The Builders Merchants Federation’s (BMF) Building Materials Forecast reports signs of hope for the building materials sector and forecasts improvements in late 2024. In the short-term, the BMF states that affairs could improve and there could be an annual growth of 0.4% for 2024 – increasing to 1% in 2025. …

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“Buy from your local independent merchant” says IPG

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Buying locally is being promoted across many sectors as a way to help boost the UK economy and Independent buying group IPG is putting its weight behind its members by emphasising the benefits of buying from independents, rather than larger national corporations.   The IPG was formed in 2013 with one …

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