Search Results: 'Bank of England'

High stocks and war in Ukraine fuel uncertainty
10 June, 2022
Softwood markets have been slow to start this year as many importers are still smarting from the aftermath of high stock levels and an uncertain market. Traders have noticed a significant weakness in the DIY sector, which they put down to the sharp rise in the cost of living, while in contrast, the major developers are still witnessing high demand as the property market remains firm. Logistics costs are rising, and embargoes following the invasion of Ukraine are being felt along the supply chain. Jerry Wilson reports

Stewart Milne Homes up for sale
21 April, 2022
Stewart Milne Group is embarking on a sale process of its housebuilding business, following the decision of its founder and principal shareholder to retire.

Healthy Demand Meets Supply Stress
08 April, 2022
UK hardwood sales may be ‘normalising’, but importers say the challenge ahead will be getting hold of timber. Mike Jeffree reports

Roller Coaster Year for Softwood
15 June, 2021
The TTF’s softwood conference provided delegates with some insight into the extraordinary supply and demand dynamics of 2020 and made some predictions for 2021. Sally Spencer reports

UK economy predicted to return to pre-Covid levels by middle of 2022
04 March, 2021
The UK economy is forecast to return to pre-Covid levels by the middle of 2022, with growth of 7.3% next year, according to UK chancellor Rishi Sunak.

For better or for worse?
24 February, 2021
2020 was a tumultuous year, but will 2021 be better or worse? TTJ asked key players in the industry how they think the year may pan out

New Phase of Covid-19 Begins
05 June, 2020
The UK has moved into a new phase in its response to the Covid-19 pandemic and the government clearly wants to try and re-start elements of the UK economy. Stephen Powney reports

FMB says builders still in dark over bailout loans
02 April, 2020
The Federation of Master Builders (FMB) is asking the Chancellor to address delays with the Coronavirus Business Interruption Loan Scheme (CBILS), as small builders across the country are struggling to keep their businesses afloat.

BEIS lists BMBI as data source
22 August, 2019
The latest monthly construction update from the Department for Business, Energy & Industrial Strategy (BEIS) features data from the Builders Merchant Building Index (BMBI).

The business perils of uncertainty
29 July, 2019
The UK panels sector continues to grow and invest for the future, but like the rest of industry, above all else on Brexit, it wants clarity, writes Wood Panel Industries Federation director-general Alastair Kerr

The business perils of uncertainty
29 July, 2019
The UK panels sector continues to grow and invest for the future, but like the rest of industry, above all else on Brexit, it wants clarity, writes Wood Panel Industries Federation director-general Alastair Kerr

Softwood futures
22 April, 2019
This year’s Timber Trade Federation (TTF) UK Softwood Conference attracted a large audience keen to hear about the market’s potential direction amid the continuing political and economic uncertainty, reports Stephen Powney

BCF conference to cover political and economic landscape
30 January, 2019
The annual conference of the British Coatings Federation will take place at the Forest of Arden Marriott Hotel on May 9. A reception and gala dinner will follow the conference programme.

Ships’ company
20 March, 2017
Peter Millatt’s steady hand on the tiller has developed Scotline into a major timber shipping business. He talks to Keren Fallwell

Positive Signs
21 November, 2016
In spite of uncertainty in the market since the June referendum, demand has remained steady for most traders whose immediate concerns relate to supply gaps rather than order shortages, reports Jerry Wilson

Demand holds up Despite economic Uncertainties
24 October, 2016
The UK chipboard sector is satisfied with demand, and optimistic about the months ahead. Keren Fallwell reports

Shippers react to Brexit
19 August, 2016
The UK’s vote to leave the EU has had a dramatic affect on imported softwood prices, but demand continues to hold up

The art of the possible
20 May, 2016
Paul Clegg, the CEO of modified timber producer Accsys Technologies, explains how the work ethic instilled during his time in the City helped him turn around the company’s fortunes – and why he wants to live forever. Sally Spencer reports

Storm boosts demand
16 May, 2016
Another major storm has boosted the UK fencing sector after a quiet start to the year.Stephen Powney reports

Waiting Game
21 March, 2016
Pressure exists from Northern European mills for increased prices after Sterling’s recent fall but patience may be required before shippers’ can claw back the currency reduction in the UK