Trade Credit Insurance intervention could save more manufacturing jobs than furlough scheme. The UK’s leading trade body for manufacturers of fasteners, forgings, pressings, cold-rolled and sheet metal products has resoundingly welcomed the Government’s decision to guarantee Trade Credit Insurance, a decision it believes could potentially save more manufacturing jobs than the furlough scheme. Geraldine Bolton, […]
The Government has produced a new guidance document to help ease the process of businesses continuing to work during the COVID-19 crisis. The guide entitled Working Safely during Coronavirus covers a range of different types of work, please see the following link to access: New Safe Working Document
The Confederation of British Metalforming (CBM) is delighted that the Chancellor has once again listened to what industry needs and announced that the furlough scheme will continue in its current form for another month, until the end of July. It will be welcomed by all of our 200-strong members, who, in a recent survey, had feared they would have to make […]
Thousands of manufacturing jobs could be saved if furlough scheme is extended predicts CBM Extending the furlough scheme and giving companies more flexibility could save thousands of manufacturing jobs it was revealed today. The Confederation of British Metalforming (CBM) made the plea to Government after a survey of its 200-strong membership base raised concerns about […]
The IHS Markit/CIPS Purchasing Managers’ Index® for April plunged further into contraction with a reading of 32.6, compared with 47.8 in March. Output, new orders, employment and new export business, all hit survey-record contractions, as the consequences of the coronavirus pandemic impacted manufacturing businesses. The headline PMI® contraction was moderated somewhat by the methodology of […]
CBM are pleased to share , that our Partners in China representing ICOSPA, have made a generous contribution of 2000 face masks to CBM and other trade associations to support us in this Covid-19 epidemic. CBM are delighted to have been able to donate the masks to local care homes and hospices who are in […]
The HMRC Job Retention Scheme Portal which has opened today and allows you to claim for furloughed employees. Please see the link below for further information Guidance-claim wages through the coronavirus job retention scheme Please also see information for a new Grant coming out in May. This lays out what the eligibility is and allow […]
Please see the link below for information from the Department for International Trade on support for UK exporters. As a CBM member you can also contact CBM to see if we can help in any way. Coronavirus/Support for UK exporters
The CBM Fastener Sector held its first 2020 Sector Meeting via video-conferencing on 16th April, focusing on support for businesses during the Covid-19 crisis and sharing best practice on returning to work safely. The well attended meeting explored how CBM was working closely with the Department of Business, Energy and Industrial Strategy, as well as […]