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22 11, 2017

More hard work needed after Budget

November 22nd, 2017|Categories: News|Tags: , , , , , |

Business rates, VAT thresholds and investment in 5G mobile networks, full fibre broadband and artificial intelligence were among the  measures in today’s Budget.

It also included a pledge of £3bn to prepare for Brexit and growth figures for economic growth and productivity downgraded.

Our managing director Simon Reid said: “It was disappointing but not surprising to see productivity growth and business investment figures revised down.

“Measures in the Budget to encourage investment, training and new technology may go some way to address this, yet the only real solution remains with a clean Brexit from the EU and the freedom that offers our businesses free from the constraints of EU regulations and directives.

“The Chancellor promised to set aside £3bn to prepare for our departure although he must ensure that there is enough for a ‘no deal’ scenario in our future trading arrangements.

“He declared it a Budget to make Britain fit for the future but more hard work needs to be done over the coming months to make sure we are ready for Brexit, and on our own terms if need be.”

17 11, 2017

Chancellor urged to be positive in Budget

November 17th, 2017|Categories: News|Tags: , , , , , , , , , |

Our managing director Simon Boyd has urged Chancellor Philip Hammond to take a positive approach to businesses and Brexit in his Budget next week.

The Chancellor will reveal his plans for the year ahead next Wednesday, November 22, before the House of Commons.

Simon said: “The Chancellor is drinking in the last chance saloon. This is the final full Budget before Brexit and comes as negotiations with the EU reach crunch point.

‘Spreadsheet Phil’ must get his numbers right to ensure that we have an economy fit for Brexit whatever the outcome, and that includes setting aside more funding for a ‘no deal’ scenario.

“It means greater support for businesses, including measures to boost investment and productivity, so they are ready to fully grasp the great opportunities on offer once we are out of the EU.

“One of the simplest yet most effective things the Chancellor could do at the despatch box is strike a positive tone to reflect our optimism in a post-Brexit Britain and show negotiators in Brussels that we are embracing the future with confidence with […]

9 11, 2017

Countdown begins for Dorset Business Awards

November 9th, 2017|Categories: News|Tags: , , , , , , |

Our commercial director Tim Cook met finalists in the REIDsteel sponsored UK Exporter of the Year category at a special curtain-raiser for the Dorset Business Awards.

Tim was among the guests when organisers Dorset Chamber of Commerce and Industry (DCCI) held a Meet the Finalists drinks reception at the Italian Villa at Compton Acres.

Poole-based firms Actisense – Active Research Limited and Aeronautical & General Instruments Limited are on the shortlist along with Trimetals Ltd of Blandford for the Exporter of the Year title.

They were among the 36 business nominated in 12 categories for honours in this year’s competition.

More 100 people attended the drinks reception at the Italian Villa when it was revealed that DCCI had a record 164 entries for awards this year.

We’re looking forward to announcing the winner at the gala awards night at the BIC on November 23.

Many thanks for DCCI for use of the picture showing Tim (far right) with some of the finalists.

Don’t forget tickets for the night are still available from DCCI on 01202 714800.

You can also visit the Dorset Business […]

25 10, 2017

Engineering the future

October 25th, 2017|Categories: News|Tags: , , , , , |

We met potential engineers of future when we attended the University of Southampton’s careers fair.

Our Director Tim Reid and Senior Structural Engineer John Harrison manned a stand and talked to students about graduate opportunities with REIDsteel.

We were among 105 exhibitors at the All Sectors Fair at the university, which has a highly regarded engineering faculty with a reputation for producing excellent graduates.

John (pictured) said: “We were very impressed by the students, who were bright and enthusiastic.

“Their quality shone through and there was a huge demand for summer internships.

“We were inspired by the event and we are attending more career fairs to explain the opportunities for career progression at REIDsteel.

“As well as attracting some of the brightest graduates, the fairs also help us raise our profile within the engineering community too.”

Our stand included a rolling video, displays and information about REIDsteel. It was our first careers fair. We’re now due to attend a second event at the University of Portsmouth.

Half of our engineering recruits are graduates. Employing them at an early stage of their career means we can train them to the […]