Breaking Flooring News
Breaking flooring news – flooring industry news as it happens each and every day.
Long-Term Investors Rewarded For Patience
People who stayed invested and kept saving during the financial crisis of 2008 could now be seeing a return of 89%, according to research. Aegon calculated that £100,000 invested in…
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OCEAN MEDIA GROUP BUYS THE FLOORING SHOW
The Flooring Show, the UK’s national flooring event, which marked its 55th edition this year, has been purchased by Ocean Media Group, a leading provider of exhibitions, events, awards and…
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Floorswitch APP to revolutionise the way the world sees floors
The ‘imagination gap’, the point between a sample request and a loss of custom, currently costs the UK flooring industry an estimated £60 million per year. FloorSwitch is set to…
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French Competition Authority fines three leading PVC and Linoleum manufacturers €302 million over price fixing accusation
Acting on information submitted by the Directorate General for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF), the Autorité started proceedings ex-officio and, in 2013, conducted dawn raids in the floor coverings…
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Instarmac are proud to announce the acquisition of Aztec Aerosols
Instarmac Group plc is a privately owned company established in 1977 whose primary activity is manufacturing. It has developed an excellent reputation for innovation, exceptional levels of customer support, manufacturing…
Read More » Firms ‘Unprepared’ For Post-Brexit Labour Market
Almost half of businesses (47%) have unrealistic expectations on the post-Brexit immigration system, according to a study. The Resolution Foundation surveyed 503 companies who employ EU workers and found only…
Read More »UK Tax Gap Falls In 2014/15
The UK tax gap between the amount of tax due and that actually collected fell to 6.5% in 2014/15, according to figures by HMRC. The tax gap was 8.3% in…
Read More »Technical Training Conference And Trade Show
Product Specific Training from 40+ Manufacturers in one place The National Academy of Floor Covering Training (NAFCT) is inviting Floor Industry Professionals to attend the first annual Technical Training Conference and Trade Show. …
Read More »Lanes Group achieves RoSPA Gold for seventh year in a row
Lanes Group has achieved its seventh consecutive Gold Award in the RoSPA Occupational Health and Safety Awards 2016. The accolade qualifies the Leeds-based company, the UK’s largest independent specialist drainage…
Read More »Job Costs Add Up To £91 Billion A Year
Workers spend a total of £91 billion a year on costs related to their jobs, according to research from Santander. Expenses such as commuting, clothes, childcare and equipment cost…
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Lone Star Funds signs agreement to acquire Balta Group
Lone Star Funds, a global private equity firm, have signed a definitive agreement to acquire Balta Group, the leading European carpets and rugs manufacturer, from Doughty Hanson, a European private…
Read More » Government Curbs Holiday Pay Ruling
Employers may see the potential costs caused by the November 2014 holiday pay ruling reduced after the government announced measures to limit employees’ ability to claim backdated holiday pay. The…
Read More »Errors Found In A Third Of Credit Reports
More than a third of people who have checked their credit report in the last 2 years have found errors, research by uSwitch has found. A credit report summarises a…
Read More »Small Firms Predict 2015 Growth
Almost two thirds of small businesses are predicting business growth in 2015, according to a survey by the Federation of Small Businesses (FSB). The FSB members’ survey found that 62%…
Read More »Pensioner Bonds Interest Rates Announced
The interest rate on National Savings and Investments pensioner bonds has been announced by the government. The 1-year bond will pay an annual interest rate of 2.8% and the 3-year…
Read More »Small Firms Suffer From Poor Payment Practices
Almost 1 in 5 small businesses have suffered from poor payment practices during the past 2 years, research by the Federation of Small Businesses (FSB). The survey of 2,500 FSB…
Read More »Auto Enrolment Hits 5 Million Milestone
The number of employees automatically enrolled into a workplace pension scheme has reached 5 million, according to the Pensions Regulator. The figures show that more than 42,700 employers have enrolled…
Read More »Employees Unaware Of Workplace Benefits
Almost 1 in 7 workers are unaware of the workplace benefit packages offered by their employers, according to research conducted by Friends Life and YouGov. The survey of more than…
Read More »Businesses Fail To Act On Employee Wellbeing
Three quarters of employers believe that unhealthy employees pose a business risk, yet 1 in 3 do not provide workplace health support, research by Bupa has found. The healthcare specialists…
Read More »Durability Of Pension Reforms Questioned
The government’s flagship pension policies may not survive a change of government, according to a survey of financial advisers by investment platform provider AJ Bell. The Chancellor’s 2014 Budget pensions…
Read More »New Stamp Duty Regime In Force
As outlined in the Chancellor George Osborne’s 2014 Autumn Statement, major changes to the way stamp duty land tax (SDLT) is charged on residential property purchases in England and Wales…
Read More »Autumn Statement 2014: Expectations
The Chancellor George Osborne will deliver the final Autumn Statement of this parliament early this afternoon. We look at what certain interested parties are calling for or expecting from the…
Read More »SME Manufacturers Plan Investment
Almost three quarters of SME manufacturers are planning to invest in technology, premises or machinery in the next 6 months, a report by the Manufacturing Advisory Service (MAS) has found.…
Read More »Shared Parental Leave Comes Into Effect
New Shared Parental Leave regulations have come into effect, allowing parents more flexibility in how they look after their child during the first year after birth. The rules will allow…
Read More »Employees Reluctant To Ask About Flexible Working
More than a third of employees are hesitant to ask their employers about flexible working options, a YouGov survey commissioned by the Confederation of British Industry (CBI) has found. The…
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