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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

  • What Might China’s Falling Stock Market Mean for the UK? Part 1.

    24 Sep 2015

    The global economy, we thought, was firmly on the path to recovery. The last two years have seen the UK regain its footing, and this year growth is set to hit 2.6%, according to the CBI and its analysts. Elsewhere in the world it’s been something of a mixed bag; good growth in America, torrid times in Greece; strong in India, stagnant in France. The list could continue, but it’s clear that whilst the macro picture of broadly positive, the micro one still looks a little uncertain. One consistently big hitters for growth has been China, which has become a true global force with a nigh on unassailable manufacturing base and growing service economy. Here at Custom Fittings, our sales of hydraulic steel fittings to China are only a small part of our business and show no signs of slowing down

    Last week though, we see China’s so called ‘Black Monday’, where the Chinese stock market suffered a stunning 9% drop, as a sell off that had been rumbling on for weeks turned into a total rout. It was the biggest one-day drop off that the Shanghai Composite index had felt since 2007 and its shockwaves hit around global markets, sending the Sydney and Wall Street markets into a panicked fall and the sights in London as dramatic moves on the FTSE 100 were eerily reminiscent of the final days of the global market crash.

    The worries went beyond a mere market overvaluation though, because underlying it was growing signs that China’s economy was slowing at a sharper rate than previously thought. Growth in China was at 7.4% last year, the slowest rate for 24 years despite being extremely high globally. Notably, it was also the first time the number had failed to meet or exceed the official target, indicating national economists who were losing control of the flight of their economy. Now, there are real doubts that the country can hit this year’s target of 7%. Interventions by Chinese policymakers have seen the devaluation of the Yuan but it does truly seem like the engine of worldwide growth might be struggling.

    By the end of last week, European stock markets had recovered the ground they lost during black Monday, but it’s likely much too soon to tell whether what’s happening in China will pull the world back into a crisis. There are, however, some immediate impacts that could be felt in the UK. In this two part guide, we’ll look at what it might mean for the UK.


    There’s been a lot of talk over the last decade about the state of the London property market. Rich investors from overseas have been purchasing huge amounts of housing in London, which is seen as an attractive and profitable market. That’s driven up the cost of property, but with Chinese investors having less cash to splash around, it could lead to a slowdown in the London property market.

    However, there’s some thought that turmoil overseas and volatile markets are driving investors into the UK, which is seen as a safe place to put your money. Here’s what Tom Bill, of London residential research group Knight Frank had to say: “The Chinese are increasingly focused on diversifying their assets and uncertainty over the performance of the stock market reinforces this. There is anecdotal evidence that Chinese buyers have intensified their interest in ‘safe haven’ global property markets, including London, as a result of the recent stock-market volatility,”

    Aside from the strength of the London market (for those that can afford to buy into it), low interest rates will support demand and buoy prices, so the real issue isn’t investment leaving London, but coming in to it at a greater rate and pricing even more Londoners out of the housing market.

    Join us in part two where we look at the impact on interest rates, manufacturing, pensions and shares.

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    Posted In: Uncategorized
  • UK Sees Export Surge

    14 Sep 2015

    Fantastic news for UK businesses of all colours as UK exports picked up somewhat spectacularly during the second quarter of 2015, helping trade contribute the most to the economic growth of the country we’ve seen in the last four years. Exports rose 3.9 percent from the previous quarter whilst imports gained just 0.6 percent, helping to shift the United Kingdom into the sort of country which sells its goods around the world and doesn’t rely on others to produce. Overall, GDP increased 0.7%, up from 0.4% in the previous quarter, which included a 1 percent increase in net trade, the Office for National Statistics said on Monday. The growth in exports has a positive effect to our own business where sales of precision hydraulic fittings continues apace

    The report also showed that consumer spending growth eased slightly to 0.7 percent, but the pace of government expenditure held solid at 0.9 percent. Business investments increased 2.9 percent from the previous quarter, which was the most in twelve months and bodes extremely well for the strength of the economy going forward. Investment in businesses shows that both investors and business owners are confident enough to put money into the business, rather than to simply put it away to weather an oncoming storm.

    Meanwhile, the returning strength of the economy and the speed at which wages are growing within the country might be pushing the Bank of England policy makers into raising the interest rate from its current record low. Whilst the Governor, Mark Carney, has said that tighter monetary policy is on its way, the trouble in China and some weak markets abroad might force the Bank into staying on emergency footing for the time being.

    In an interview with Bloomberg Television, Liz Martins, an economist at HSBC London said: “For all the talk of weakness in our key trading partners and strength in the currency, this is a very strong number from exports. There’s been some turmoil and from the market perspective, expectations have been pushed back a bit, but I think it’s possible that some of those expectations have been overdone and we still look for February for the BOE to start raising interest rates.”

    As the data was published, the pound dropped 0.2 percent, but quickly regained ground. The strength of the pound has been an issue for the UK, with British exporters facing a drag from the pound which has risen 4.8 percent on a trade-weighted basis this year. That’s making the cost British products higher around the globe, and whilst the UK is enjoying a period of cautious, sustained growth, much of the Eurozone and China are not, thus making British products less desirable. Of course, UK manufacturing retains a certain allure around the globe, limiting the damage.

    “The pound’s recent appreciation and the continued weakness of demand in some export markets such as the euro zone and China suggest that net exports are not about to play a sustained role in supporting the economic recovery,” said Samuel Tombs, an economist at Capital Economics Ltd. in London. “Nonetheless, with growth in households’ real incomes set to remain supported by low inflation, building wage growth and strong job creation, we continue to think that the economic recovery will sustain its current pace in the second half.”

    That view is shared by the CBI who have predicted “decent quarterly growth” and growth of 2.6% this year and 2.8% next year, up from its June forecast of 2.4% and 2.5% respectively. They said it expected growth until the end of 2016 to remain steady, with an average of 0.7% a quarter, barring any unforeseen financial disaster.

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    Posted In: Uncategorized

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