INDUSTRYNEWS
SPONSORED BY DUFFELLS
British Chambers upgrades
UK growth estimate
The British Chambers of Commerce
(BCC) has upgraded its UK growth
estimate for the next three years from
0.9% to 1.3%.
The upward revision is due to stronger
than expected Q2 results, driven by a
strong service sector and household
consumption.
Increased exporting activity among BCC
members has also been reflected in the
reduction of the real trade deficit in goods
and services by over half in the last three
years.
BCC director general, John Longworth
said the positive outlook was testament
to businesses’ “steadfast determination”
in previous quarters, but warned that
recovery is not yet secure.
“We have had false dawns in recent years
and although this upturn appears to be on
stronger ground, we must be aware that
complacency could lead to setbacks.
“External factors, such as the eurozone,
the Middle East, and the Chinese economy
could halt our progress. Our surveys have
shown, however, that firms are confident
about their prospects and want to expand,
but they cannot do it alone.
“Improving access to finance for viable,
fast-growing businesses is a major priority,
and the government and the MPC must
do more to ensure that vibrant SMEs can
obtain finance on reasonable terms. The
government must also work with the Bank
of England and the Treasury to underwrite
private sector investment in infrastructure
projects, and our ‘have a go’ exporters need
support on the ground to help them break
into new markets.”
SECURITY HARDWARE ENJOYS BOOST
THANKS TO SCHLOSSER TECHNIK
As one of the UK’s leading suppliers of
UPVC Door & Window Hardware, Security
Hardware has enjoyed a recent upturn
thanks to the introduction of the Schlosser
Technik product portfolio.
The Product range includes the ‘Ultimate
Cylinder’ which features snap-safe, pick-safe
and drill-safe technology and is rapidly
becoming one of the UK’s most popular
entry level anti-snap lock cylinders. The
range also includes a range of essential every
day products targeted at the maintenance
engineer, including sash blockers, winbags,
escutcheons and repair plates, TCT drill
bits and the very successful Schlosser Cable
Restrictor which is taking the UK market
by storm thanks to its patented handle fit
design.
Specialising in the maintenance and
repair sector, Security Hardware became the
main UK distributor for Schlosser Technik
products in January 2013. Commenting
on the success of Schlosser Technik,
Nigel Ridgway, Managing Director said:
“Schlosser Technik is targeted directly at the
maintenance and repair sector. The range
presents our distribution partners with a
unique brand identity and the maintenance
engineer with a best value solution for
property repairs. The positive feedback
we’ve received from our distributors is a true
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