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FSB reacts to GDP
growth of 0.5%
Commenting on the announcement at the end of
October that UK GDP grew by 0.5% in the third
quarter of 2015, John Allan, National Chairman
of the Federation of Small Businesses, said:
»»“Business growth remains
positive, although the slight slowdown
is reflected in recent research showing
confidence among FSB members is
cooling. The cautious tone is being
driven in part by uncertainty around
the stability of the global economy.
Closer to home, many small businesses
are wondering how they will absorb
changes to tax treatment on dividends,
increases in some of their staff wages
through the National Living Wage and
the cost of pensions auto-enrolment
on top of already high business rates
bills.
“In this climate of moderate growth,
the Bank of England has provided some
certainty with interest rates remaining
stable for an extended period at 0.5%.
Many small businesses will be heartened
by signals from The Bank of England
governor Mark Carney suggesting rates
will continue along this course for the
remainder of the year.”
www.fsb.org.uk/contacts
»»Melbourne-based business
Kevron manufactures and distributes
plastic tags and associated products
like luggage labels and ID card
holders.
Established in 1952 by Ernie
Chambers, the company is proud
of its ‘Australian Made’ heritage.
Ernie’s sons Kevin and Ron Chambers
managed the business from 1975 up
until retiring in 2003 and it was then
acquired by the Parton family and
managed by Phil Parton.
Seeking out export markets has
been a strategic objective of the
business for years and it invests much
time, energy and money in exhibiting
at international trade fairs. It has a
well-developed network of national
and local state-based distributors
and wholesalers covering Australia
and regularly exports to over 35
countries.
The business has clients in
numerous sectors as well as locksmith
and hardware and maintains,
wherever possible, a strict policy of
only supplying products to its own
network.
Kevron considers itself to be
environmentally friendly and its
production process creates very little
waste. Any surplus is recycled into
the business. Many of the cardboard
cartons used for packaging and
storage use recycled materials, and
Kevron does not release harmful
gases, dangerous fluids or chemicals
into the atmosphere, waterways or
drainage systems.
www.kevrontags.com
locksmithjournal.co.uk | NOV/DEC 2015
Sponsored by ABUS