We raise insurance and Brexit concerns with government - Wrightstyle

We raise insurance and Brexit concerns with government - Wrightstyle
Photo source
www.wrightstyle.co.uk
We’ve raised concerns with the government on the detrimental impact of insurance tax and on the possible consequences of Brexit on supplies of raw materials.

As one of Europe’s leading suppliers of glazed systems to mitigate against fire or ballistic and bomb attack, we wanted to raise our worries during a visit by Claire Perry MP for Devizes and Minister for Climate Change & Industry in the Business, Energy and Industrial Strategy Department.

Her visit to Wrightstyle was prompted by our concern about recent increases in Insurance Premium Tax which has increased considerably over the last couple of years, and which impacts significantly on overheads.

Claire Perry MP met the company’s managing director, Tim Kempster, and finance director, Jane Embury, before touring the warehouse and fabrication areas and meeting other members of the Wrightstyle team

“Claire Perry hadn’t fully realised the high impact of this tax on SMEs and was interested to hear about it from our prospective.  We also raised issues about Brexit, advising her of our concerns regarding the supply of raw materials from Europe,” said Jane Embury.

“We also made her aware that the type of high quality architectural steel that we use in our advanced systems is not available in the UK and certainly not in the Far East, where we have a significant export market,” she said.

Jane Embury added that “we also discussed R&D on new systems we are currently developing and the difficulties financing this type of work, especially the testing costs.  Claire Perry will advise us on possible R&D funding and tax relief.”

During her tour, Claire Perry was delighted to see an order being packed for shipment for the Harvard Business School, where she obtained a Masters in Business Administration in 1990.

“It was a genuinely interesting discussion and I think we both gained some useful insights,” said Jane Embury.

600450 We raise insurance and Brexit concerns with government - Wrightstyle glassonweb.com

Others also read

Wrightstyle has introduced a new door system that provides 90 minutes of integrity and insulation (EI90).
Being chosen to take part in an ambitious project on behalf of one of the UK’s leading Art Schools is a true testament to the capabilities of switchable technology from Intelligent Glass.
Prism Architectural are pleased to continue their working relationship with Willmott Dixon Interiors on 7-8 St Martins Place, London.
Slimpact® Frameless Impact Window increases overall size by over 90% while meeting HVHZ.
Haffner Murat has just reported a dramatic rise in sales of its SMR-5 welder.
Longstanding Spectus fabricator Jade Windows has just moved into new premises in Batley, West Yorkshire. The new unit is 14,000sqft, over three times larger than its previous premises.

From industry

NEWS RELATED PRODUCTS

Add new comment