Clearview National September 2016 - Issue 178 - Page 87

BUSINESSNEWS SMES SHRUG OFF BREXIT CONCERNS TO INVEST AND GROW VOLUMES UP Figures released by alternative lender, Just Cash Flow PLC, show application volumes for its finance facilities were running at 28% higher than in the week leading up to the Brexit vote. POSTPONING DECISIONS Director, John Davies, says: “In the run up to the referendum, differing reports about which way the vote was going to go was causing a tremendous amount of uncertainty, with all sorts of doom and gloom forecasts being made. The one thing all businesses hate is uncertainty and we weren’t surprised to see SMEs postponing investment decisions.” Accident rate improvement »»RESULTS FROM THE British Plastics Federation (BPF) Annual Accident Survey for 2015, which gathers information that will assist the BPF in supporting the plastic industry within the field of health and safety, shows a reduction on accident rates for BPF members for its fifth consecutive year, with cuts being the most common type of accident in 2015. ‘It is encouraging to see a steady downward trend in accidents’ Injuries caused by knives and those due to generic cuts amounted to over 22% of accidents, making cuts the major cause of accident in the plastic industry for BPF members. Sharp edges, contact with machine blades, trimming tools and cardboard packaging were among the major causes of non-knife related cuts. The survey, completed by a total of 125 firms, also indicates that “handling, lifting or carrying” appear to be another predominant cause of accidents within the industry, with a share of 16.7% of the total. Closely following are accidents caused by impacts against stationary object (16.4%) and slips/trips/falls (15.5%). Alan Brown, Chairman of the BPF’s Industrial Health and Safety Committee, says: “It is encouraging to see a steady downward trend in accidents. By sharing this information and experience we can all benefit to reduce the problem areas.” ‘one thing all businesses hate is uncertainty’ and conversations we are having with business owners reveal a different story.” SIGNIFICANT INCREASE “We expected this cautious approach to continue for some time while all the speculation about the ramifications of Brexit continued. However, the significant increase in application volumes we are now experiencing GET ON WITH GROWING “They are saying, ‘a firm decision has been made and Brexit will be Brexit, it is going to take time but we can’t put our lives on hold while the politicians debate what it will look like - we need to get on with growing our businesses.’” Government action needed to stave off construction recession A significant programme of capital investment by the Government is now needed to tackle the threat of a construction recession - as revealed by the statistics from the Office for National Statistics (ONS) released in July - according to the Federation of Master Builders (FMB). »»BRIAN BERRY, CHIEF Executive of the FMB, said: “The construction industry has grown steadily over the past few years and for the sector to experience two consecutive quarters of negative growth demonstrates the powerful effect uncertainty and a lack of confidence can have. “The Government must now take bold action and do everything in its power to prevent these preliminary estimates by the ONS from becoming more concrete or sustained. A firm commitment to invest public funds in capital projects such as house building and infrastructure would go a long way to assuaging fears that demand will dive in the wake of Brexit. “The country’s housing crisis and the enormous skills shortage our sector faces owe much to how the construction industry suffered during the last economic downturn – it’s pivotal that we learn from those mistakes and find a way to keep Britain building.” C L E A RV I E W-U K . C O M » S EP 2016 » 87