Business Feedback

Yesterday I joined many former colleagues in the foodservice packaging industry at their annual lunch at the House of Commons. The location and my current regular activity are a coincidence!It is regular date and somewhere the member enjoy attending. I was interested to learn how people were finding the current market and the consenus is that things are difficult. With little new investment in the catering sector, few new restaurant openings and a contraction in the workplace as unemployment increases, the only way for a muanufacturer or distributor to increase sales is at the expense of competitors which is leading to huge pressure on price & margins. This in turn is leading to either business failure or consolidation between companies. Once again I picked up the message of how essential it is that we quickly get business moving again and return to a more orderly market.