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Chris  Hargreaves, Managing Director - GS Hydro UK

"Custom Fittings are a 1st tier supplier to GS Hydro for stainless steel high and low pressure hydraulic components. For over 20 years Custom Fittings have been our preferred supplier due to the high ... Chris Hargreaves, Managing Director - GS Hydro UK

James Tidy, Director - Tidyco Ltd

We have been using Custom Fittings for many years now, they offer fantastic customer service as well as top of the range products. We could not recommend them more highly and will continue to use them... James Tidy, Director - Tidyco Ltd

Anthony Smith, Sales Director - Fluid Power Services Ltd

"Custom Fittings have been the number one supplier for stainless steel fittings to Fluid Power Services for over 25 years now.In the early years our requirements were for standard off the shelf parts ... Anthony Smith, Sales Director - Fluid Power Services Ltd

Paul Murphy, Sales Director - Dockweiler UK

"We have now been using Custom Fittings for over 10 years as our preferred supplier for all our hygienic hose inserts & ferrules ,We have found the quality of the finished products & the sales... Paul Murphy, Sales Director - Dockweiler UK

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Our latest news posts

  • UK Economy Grows 0.4%

    06 Aug 2015

    Whilst rumblings continue throughout Europe as to what the Greek people and its democratically elected government choose to do with the International Monetary Fund’s offer of a debt renegotiation, eyes turn inwards towards the strength of our own economy. Widely regarded as amongst the strongest in Europe, the UK has seen consistent growth since Q1 2013, something not really seen outside of the likes of Germany. The growth, whilst small (yet to break 1 p/c a quarter) has been a real sign of encouragement for manufacturing businesses, who have taken note of the increased optimism around the economy and begun, slowly and steadily to expand production and begin hiring more employees.

    With Q4 2014 bringing a higher than expected 0.8% growth in the UK economy, consideration was turned towards the first quarter of 2015, which was expected to be much lower. Well, the results are in, and Britain’s economy grew faster than many had initially thought in the opening months of the year, though it still suffered a noticeable slowdown compared to the previous quarter. The office for National Statistics have reported that GDP rose by 0.4% in the first quarter, which was in line with the City’s economists’ forecasts after the revised UK construction figures showed there was no sharp drop off, as first reported.

    Nevertheless, a drop off of 0.4% is the sharpest seen in two years and is, on the face of it, a worrying indicator. Thankfully, analysts have said that they consider the Q1 slowdown as nothing more than a temporary blip, and that the overall picture is one of stronger growth. “The economic fundamentals look broadly positive for the UK, particularly for the consumer, and we believe growth will be largely healthy through the second half of 2015, Consumers’ purchasing power should see marked improvement due to extremely low consumer price inflation and strengthening earnings growth, while employment should see decent growth. Furthermore, it currently looks unlikely that interest rates will rise before 2016” Said Howard Archer, economist at IHS Global Insight.

    This growth has been spread across several sectors, including manufacturing and household spending. It’s that latter unit which has seen the strongest growth, with consumers appearing to dive into their savings to splash out. Whilst internal manufacturing figures were solid, the strong pound made UK goods more expensive overseas, and slightly dented the figures, resulting in the 0.4% drop off from the previous quarter.

    Anecdotally at Custom Fittings, we’ve seen strong demand for our range of stainless steel fittings, indicating a resurgent manufacturing industry which is keen to get going again properly. An increase in the number of custom designed hose fittings also points towards greater innovation within the sphere, something which can only be good.

    The Chancellor, Gideon ‘George’ Osbourne, welcomed the latest growth figures, stating “Today’s figures are another reminder that the economic plan we’ve pursued in Britain these last five years has increased our resilience – and we will take whatever further steps are needed to protect the UK from the new risks we see to our economic security”.

    So, with the Greek crisis looking set to rumble on, it’s a comfort to know that the UK’s economy is on a strong footing, with consumer confidence up and the manufacturing industry earning back its reputation for high quality and excellent efficiency.

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    Posted In: Uncategorized
  • Five Things You Need To Know About the UK Recovery

    27 Jul 2015

    Much has been made of the UK economic recovery following the 2008 financial crisis which brought much of the world to its knees. As sub-prime mortgages and dodgy banking caused much of the global economy to shrink, so did the UK’s economy, causing massive cuts in public funding and a great deal of public pain. With all that being said, the UK economy has seen growth in every quarter for two years now and tax receipts are up higher than the government expected them to be. That’s excellent news for the recovery, but that’s hardly the full story. In this short piece I’ll outline five of the things you should keep in mind about the UK recovery.

    • It’s slowing

    As previously mentioned, the UK economy has seen 8 consecutive quarters of growth, but that doesn’t show what’s really been going on. Firstly, it’s important to note that growth has never been more than 0.9% in a quarter, and has been broadly patchy. Going from 0.6% in Q1 2013 to 0.7% in Q3 of that year, followed immediately by a drop to 0.4%.

    Perhaps of most importance is this last quarter saw the sharpest drop in growth since mid-2012. Q4 2014 saw 0.8% growth, whilst the first quarter of 2015 saw a drop to 0.4%. Banks are under the belief that this is only a temporary blip on the road to strong growth in the future, but it proves that the UK still isn’t completely out of the woods. Needless to say, the Q2 2015 numbers will be of extreme interest.

    • Wages are only now improving

    Wages are now rising again in real terms after falling consistently since Q1 2008 because inflation was higher than what small pay growth there was during the downturn. The return to growth is largely down to inflation being close to zero rather than any major rises in wage. Pay growth was at 2.7% in the three months to April. ONS figures showed that British households are still £500 per year worse off than they were before the financial crash in 2008.

    • The UK is a top G7 performer

    It’s not all bad news though, because the UK is one of the top performers in the G7 group of industrialised countries. That might not sound terrifically impressive, but when you consider that the group includes France, Germany, Italy, Japan, Canada and the United States as well as us, you begin to understand what an achievement that is. Indeed, only the United States had greater International GDP growth. It’s an important achievement for the UK, but one which could be destabilised by the Greek crisis.

    • Productivity is stagnant

    Despite experiencing stronger growth than much of the G7, the UK’s productivity per hour has been lacking. Over the last 7 years, productivity hasn’t gone up at all, which means that whilst more people are in jobs, their output hasn’t increased. Economists are warning that this could mean that the country struggles to raise living standards.

    • Growth remains in the south, largely

    For all the talk of a ‘Northern Powerhouse’ by the Chancellor George Osbourne, growth has been largely focussed in the South. Indeed, the only areas of the UK where gross value added per head are in the South East and in London, everywhere else is down. The government seem keen in changing this poor record, but with London’s house prices soaring and more and more businesses being sucked into its pull, it’ll be no easy task.

    Read More
    Posted In: Uncategorized

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