This Month's News
Kairos group confirms closure
Brian Kennedy’s £75million-sales Kairos Group, with brands including Zenith, Weatherseal, St Helens Glass, St Andrews Glass and Penicuik Home Improvements, has this week broken its silence with a statement confirming earlier reports that it is closing and an administrator is expected to be appointed in the next few days.
Companies House also reports that as of yesterday, the Indigo Products fabricating subsidiary was also in the process of appointing an administrator. Another business Install Base t/a Job Worth Doing is the sole installer for the retail brands. Its phone number is today redirecting calls to the Kairos recording that the offices are closed.
GGF’s Brexit ready
The Glass and Glazing Federation says its Brexit Readiness Campaign is now well underway following its recent £50,000 government grant, and has now unveiled its new GGF Brexit Hub as well as producing a new guidance brochure and implementing digital marketing including social media and search engine marketing.
The new “Brexit Hub” on the GGF website is entirely free and available to members and non-members, with no log-ins required. It consists of key information, expert opinions, potential scenarios and the latest news on the issues affecting the industry, as and when the UK exits the European Union.
UAP threatens action on fake Fullex resellers
Fullex parent company UAP has issued a threat of legal action against anyone reselling counterfeit Fullex branded locks after discovering the fakes openly on sale at a security exhibition.
CEO David Jennings warned that the low-spec fakes not only compromised the integrity of the genuine product but caused a serious risk to the security of anyone using them.
Construction down again
– is it Brexit paralysis?
Construction contracts awarded last month were 15.6% down on September 2018, including a 2.5% drop on August 2019, according to the latest figures from Barbour ABI.
Both the number of contract awards and the values dropped in August and September.
June and July were both positive months, but these reflected values held up by a few big-ticket projects.