The Locksmith Journal Jul-Aug 2016 - Issue 45 | Page 4

PROUD SPONSORS OF THIS PAGE 4 • FROMTHEEDITOR As we go to print, news is announced that the Bank of England has lowered interest rates to a new alltime low of 0.25%. The motivation behind the decision; to stimulate consumer spend by offering a lower rate of interest on loans and mortgages, which in turn, should stop or slow down the likelihood of the country falling into recession after the BREXIT decision. »»THE INCENTIVE IS wholly reliant now on the individual banking groups to pass on the percentage decrease; an activity which experts are claiming could take over 2-3 years before the results of consumer confidence are seen. Meanwhile, now is a good time to look at different ways of expanding skills, offering new products and services, and what better than spending time doing all of these activities in one go by visiting the first ever Lockex Exhibition. Lockex will take place on Friday 16th – Sunday 18th September at Ricoh Arena, Coventry and will play host to over 90 exhibitors, all exhibiting for the sole purpose of showcasing their products and services aimed at Locksmiths and Auto-locksmiths. But, the event offers much more for those looking to attend. Visitors will also have the opportunity to join in on the many training sessions which have been created by suppliers and experts from within the industry. The training subjects have been areas which have been chosen by Locksmiths, so visitors can guarantee that they will get much more from the event. Find out more, by reading the bumper Lockex preshow review which starts on Page 40. In other